Economics has the capacity to offer us deep insights into some of the most formidable problems of life, and offer solutions to them too. Combining a global appr

Traditionally economists have based their economic predictions on the assumption that humans are super-rational creatures, using the information we are given ef

Environmental economics can be controversial, but it is also central to some key policy issues facing governments and society today, including industrial pollut

Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since

The issues of microeconomics - including individuals' financial choices and firms' decisions about hiring and firing - have a large impact on the economic world