Learn about the "invisible hand," a key economic concept introduced by Adam Smith, and its implications in free markets.

Monetary theory posits that a change in money supply is a key driver of economic activity. A simple formula, the equation of exchange, governs monetary theory: MV = PQ.

His most famous work, The General Theory of Employment, Interest and Money, was published in 1936. But its 1930 precursor, A Treatise on Money, is often regarded as more important to economic thought.

A common theory that guides financial investment strategies may be a handy tool to protect an endangered Puerto Rican frog. A new study uses modern portfolio theory to identify future "investments" in ...

For example, the claim that an economic model is “built around the Phelps-Winter model of the product market, combining it with a version of the Calvo-Bowles shirking model of the labour market ...

THIS book is based on the theory that the economic man attempts to maximize his share of the world's goods and services in the same way that a participant in a game involving many players attempts ...

Economic theory’s elusive mixture of “scientific” and “artistic” elements is probably what attracted me to it in the first place.

This long-held economic theory on real-estate prices has been upended by COVID-19 How to predict the future of rents in major cities? Start by looking at what share of employees can work remotely.