Positive economic theory can help policymakers implement normative value judgments. For example, it can describe how the government can impact inflation by printing more money, and it can support ...

A Small Yet Soul-Crushing Illustration of Donald Trump’s Utter Economic Illiteracy. By Jordan Weissmann. Aug 01, 2017 7:01 PM. donald tha prez. AFP/Getty Images.

Environmental economics is the study of the efficient allocation, use, and protection of the world's limited natural resources.

Economics teachers can all thank Pauline Hanson for providing an excellent example to add to their classes. Indeed, it’s rare that Economics 101 lessons are as readily on display as in the ...

At the heart of economics is the idea that systems are shocked, tend towards a balance of supply, and operate within linearly defined economic relationships. It’s an appealingly simple model.