Because market structure shapes a firm's behavior, a supermarket's product placement relates to the monopolistic competition that characterizes its market.
By combining stories from Chimamanda Adichie's Americanah and statistics, we can create a more realistic picture of African development.
Cash grants are an alternative form of foreign aid. Tough to accept, cash could have more benefits than other traditional programs.
The spread of refrigeration in China has positive and negative externalities that relate to household diets, greenhouse gases and transport and home waste.
Today's weekly roundup includes the everyday economics of sovereign debt defaults, oil boom towns, athletes' labor markets and the GDP.
Typified by the Tour de France, male/female athletes' salary gender gap will diminish when female athletes' media, consumer and commercial appeal increase.
With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.
A magnet for entrepreneurs and workers seeking high paying jobs, North Dakota's city of Williston shows how energy wealth fuels economic growth.