The OECD is an international organization that works to build better policies for better lives. It provides a unique forum…
The National Economic Council (NEC) is a principal forum used by the President of the United States for considering policy…
Microeconomics studies how individual economic agents like households and firms make decisions regarding the allocation of scarce resources. It analyzes…
Macroeconomics is the branch of economics that studies the behavior of aggregates, such as national income, unemployment, and inflation. It…
Inflation measures track the general increase in prices and the fall in the purchasing value of money. Key metrics include…
Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing…
Industrial output measures the total value of goods and services produced by the industrial sector. It's a key indicator of…
Gross National Product (GNP) measures the total monetary value of all finished goods and services produced by a nation's citizens…
Gross Domestic Product (GDP) measures the total monetary value of all finished goods and services produced within a country's borders…