Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Erika Rasure is globally-recognized as a leading consumer economics subject ...

Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he has extensively covered business and tech news in the U.S. and Asia. He has produced multimedia content that ...

Microeconomics and macroeconomics are two distinct branches of economics. Microeconomics focuses on individuals and groups, including companies, while macroeconomics looks at the behavior of national ...

Economics merges psychology, politics, law, and business for a global view of decision-making. Microeconomics focuses on individual choices, while macroeconomics examines whole economies.

Mark Thoma recently wrote a piece on the failures of macroeconomics and the need for new thinking in macroeconomics. His main criticisms are as follows: I should note that Thoma also criticizes the ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...