Latest News - Economics

International Trade

International Trade Impacts Of U.S. Trade Policy Changes on Multinational Corporations Global Trade Activities U.S. trade policies and aims have impacted world trade activities. Firstly, it has...

Microeconomics Simulations

Microeconomics Simulations Memo To: My Business Partner From: [Insert your name] Date: [Insert date] Re: Microeconomics Simulations Introduction This memorandum report identifies and explains key...

The Paradox of Thrift

The Paradox of Thrift The paradox of thrift was an economic situation defined by John Maynard Keynes during the Great Depression. Keynes noted that the United States population was experiencing a...

Affordable Care Act Expansion

Affordable Care Act Expansion Arguments For and Against ACA Expansion Many states in the US have expanded Medicaid coverage to include low-income earners, as contained under the Affordable Care Act...

Gross Domestic Product

Gross Domestic Product Part 1 Nominal GDP & Its Components Real GDP (chained 2012 dollars) GDP 23,992.4 19,806.0 Expenditures of personal consumption 16,347.8 13,842.7 Investment of Gross...

USA Short-Term and Long-Term Economic Growth

USA Short-Term and Long-Term Economic Growth Summary of a News Article According to Kimberly Amadeo (2022), a writer for The Balance, the U.S. economy is doing well. Kimberly employs six facts to...