Discover how supply and demand shape economic balance, influencing prices and production quantities. Learn why businesses analyze these forces for market strategy.

Discover what joint supply means in economics, how it results in multiple outputs, and see examples like livestock that yield both meat and hide.

Higher education is leading the charge in a region-wide effort to address a projected critical shortage of nurses in southern ...

Tunku Varadarajan’s review of Hein de Haas’s promising book “How Migration Really Works” (Jan. 6) cites the demand for labor in the West as the “main driver” of migration. The review plays down supply ...

Payroll job growth has slowed significantly in the past year. Slower job growth is typically associated with rising unemployment, yet the unemployment rate has barely budged, edging up from 4.2% in ...

A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on ...

Supply is falling. Demand is rising. Anyone with a basic understanding of economics knows what that means. And as the law of supply and demand decrees, used car prices are beginning to rise, according ...

The title of Benjamin M. Friedman’s “Religious Influences on Economic Thinking” is dully academic but eye-catching all the same. It is a slim book, some of it a restatement of the argument the author ...