Economics

A lasting effect of this pandemic will be a revolution in worker expectations.

EconExtra is a series of posts that go beyond the textbook, relating current events and recent developments in economics to content standards, and providing resource suggestions to help you incorporate the current events into your lessons. The content in this post could be incorporated into lessons covering several of the EEC Voluntary Content Standards, including 1: Scarcity, 11: Money and Inflation, 13: Income, 15: Economic Growth, 18: Economic Fluctuations, 19: Unemployment and Inflation, and 20: Fiscal and Monetary Policy.   The Headlines   We’ve had the “Great Depression,” the “Great Recession,” and now, the “Great Resignation.” Headlines abound regarding how many people are leaving the workforce. April set a new record for the number of people quitting their jobs, only to be surpassed in July, and again in August, when 4.3 million people, or 3% of the workforce, quit. Why are so many Americans quitting their jobs?

Three animals who have been subject to overfishing and poaching are now facing environmental challenges that put them at risk of extinction.

Scientists have been trying to achieve xenotransplantation—animal to human transplants—5ever.

Companies are rebuilding their supply of goods, which isn’t the easiest thing to do with bottlenecks in the supply chain.

Procter & Gamble, one of the country's largest consumer goods manufacturers, said Tuesday that it's raising prices on certain grooming, beauty and oral care products for retail customers to combat higher costs.

Twitter founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse.

WASHINGTON (AP) — The White House and Democrats are hurriedly reworking key aspects of President Joe Biden’s $2 trillion domestic policy plan, trimming the social services and climate change programs and rethinking new taxes on corporations and the wealthy to pay for a scaled-back package.

At Vanguard, you’re more than just an investor, you’re an owner. Because we know the future you’re saving for is more than just yours.​​Investor-owned means ...

The 30-year-old company, known for its low prices and huge selection, has some competitors concerned about the future of their businesses.

Answer: They forgot! Questions: Why do you think that so many people forget to pay their credit card bill?  What do you think are some of the consequences of not paying your bill on time?  What are steps that you can take so you are not one of those "forgetful" people who don't pay their bills on time?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (WalletHub): "In a nationally representative survey conducted by WalletHub, over 18 percent of respondents said they believe they will miss at least one credit card due date in 2021. That works out to about 47 million Americans.

In Leelanau County, an acute challenge has cropped with the global supply chain: A shortage of glasses. While the return of in-person events this year has been a blessing to the hospitality industry, replacing stemware that’s been broken or stolen has become nearly impossible. That was evidenced to the public when McKenzie Gallagher of Rove ...

Researchers analyzed data from 1,800-plus colleges and universities enrolling at least 1,000 students and granting mainly bachelor's degrees.

Procter & Gamble, one of the country's largest consumer goods manufacturers, said Tuesday that it's raising prices on certain grooming, beauty and oral care products for retail customers to combat higher costs.

Meanwhile, the anti-union push that political observers have predicted will hover over the Ford project already has begun to swirl.

The bill will let dealerships be open for less than 30 hours a week for up to four weeks a year. They were previously required to be open for 30 hours a week year-round.

The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the pandemic, according to the latest data from the Federal Reserve.

California's new law does not outlaw boys and girls sections, but large stores must now add "a reasonable selection" of gender-neutral products.

How has the Fed's policy framework changed?

October marks the first-ever Economics Education Month. Here is what you can do to help your kids become more informed.

Editor’s note: What follows is a lightly edited version of a North Korean defector’s true story, which was originally a presentation at the AAS Committee on Teaching about Asia workshop for educators at George Washington University in March 2018. The author requested that her name not be published. I am a North Korean defector currently […]

Why are innovation cycles and business growth linked so closely? We explore waves of creative destruction across history.

From iron ore to rare earths, over 3 billion tonnes of metals are mined each year. This chart shows them all on a relative scale.