For more than a century, UChicago scholars’ groundbreaking theories have redefined the field of economics—from Milton Friedman’s ideas on monetary policy and Gary Becker’s theory of human capital to ...

The Nobel Memorial Prize in Economic Sciences is presented to Joel Mokyr, Philippe Aghion, and Peter Howitt. | Anders Wiklund/ZUMAPRESS/Newscom The Royal Swedish Academy of Sciences on Monday awarded ...

Fact checked by Hans Daniel Jasperson Reviewed by Erika Rasure Key Takeaways Microeconomics examines consumer behavior and ...

Inflation has slowed significantly and growth of the nation's gross domestic product has remained solid, but some economists still expect a mild recession this year. How could a modest downturn happen ...

Discover how accounting tracks financial transactions and how economics studies market forces like production and consumption ...