Economics

Is the millennial homeownership situation as bad as it seems?

Recessions, debt, soaring home prices, climbing mortgage rates: Millennials have been screwed over by the housing market, and the future looks bleak.

Spikes in material costs have added $18,500 to the price of an average new single-family home. Plus, the industry is struggling to hire.

Millennials added seven million homeowners in the last five years, more than any other generation. Now, almost 52% of Millennials own homes.

Our analysis of premiums and payouts in California, Illinois, Texas and Missouri shows that some major insurers charge minority neighborhoods as much as 30 percent more than other areas with similar accident costs.

And are these rental boogeymen actually to blame?

This session features delightful new picture books, copyrighted 2018-2023, that can be used to teach economics and personal finance.

Learn how to use children’s literature to engage students as they discover how others faced challenges dealing with choices and scarcity.

Economics can be entertaining! Learn how to engage students as they make connections between literature and the visual arts.

A sinking ship, a financial crisis and global pandemics are sure to interest students as they learn about making choices under scarcity.

Shares of Chipotle jumped after the company's earnings and revenue beat Wall Street's expectations.

Consumer-facing companies reported earnings increases powered by price hikes.

Worksheet – Price discrimination, Oligopoly Related news article: PG&E monthly bills could jump for many customers due to new state law (SiliconValley.com, April 13, 2023) Summary: This worksheet could be used for in-class or homework practice. Students will be asked to read a short article abou...

Worksheet – Types of goods, Common resources Related news article: This popular snorkeling spot on Maui has been ‘overused’ from tourists, scientists warn (USA Today, April 14, 2023) Summary: This worksheet could be used for in-class or homework practice. Students will be asked to read a short ar...

Worksheet – Externalities Related news article: This Nigerian school accepts plastic bottles as school fees (Quartz, April 5, 2023) Summary: This worksheet could be used for in-class or homework practice. Students will be asked to read a short article about the Recycles Pay Educational Project in...

Private companies' rent-seeking behavior has kept Americans from accessing a simpler and cost-effective tax filing system, resulting in wasted resources for tax filers.

Every girl should feel confident making personal financial decisions How you earn, spend, save, and think about money is all part of becoming who you are. Learning about student loans, credit cards…

Altar bread was once made by hundreds of communities of nuns across the US. Now, a for-profit company controls nearly the entire market.

Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/9svNuns have earned money all sorts of ways over the years: from tea...

If you're expecting a tax refund, it could be smaller than last year. And with inflation still high, that money won’t go as far as it did a year ago. The more than 101 million taxpayers who had filed as of April 7 got refunds that were an average of 9.3% less than last year. That's in part due to pandemic relief programs expiring. The filing deadline for most taxpayers is Tuesday, though it has been extended for eight states that were hard hit by severe weather. According to the most recent IRS data, the average refund is $2,878, down from $3,175. That's a difference of more than $300.

Inflation has risen steadily since 2021, with prices for some necessities increasing by 20% in that time.

Want to know how much Spotify pays artists per stream in 2023? We've got the recent low-down plus a Spotify royalty calculator!

A picture is worth a thousand words...but how about if someone listens to you sing a million times? Answer: Around $4,370 Questions: Have you ever thought about how the artists on platforms like Spotify are paid? Do you think around $4,000 per 1 million streams is high or low? What other things have you seen artists do that would supplement their streaming income?

Disney World is one of the most popular vacation destinations in the world. Disney knows this and has figured out many ways to set prices to maximize profits...

This game is designed to teach one of the most important fundamental concepts in economics: The idea that incentives matter and people will change their behavior in a predictable way when their incentives change.

Why aren't housing prices crashing?

Why it's so difficult to outperform the market.

Consumer goods companies like P&G , Unilever and Nestle should start easing price increases as supply chain costs decline, investors told Reuters, worried that further hikes could hit market share and margin growth.

Consumers are starting to fall behind on their credit card and loan payments as the economy softens, according to executives at the biggest U.S. banks, although they said delinquency levels were still modest.