Anyone who has taken an economics class knows the importance of where the demand and supply curve intersect, but right now, for many common items, that point is nowhere close to existence. Mostly due ...

Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

Demand curves are useful for businesses as they provide a visual representation that graphs the relationship between a product or commodity and the amount consumers are willing or able to purchase at ...

Demand for new houses over the past 50 years has generally shifted outward with rising incomes and an increasing population, though it has shifted inward during periods of recession. Supply for new ...

Learn how changes in aggregate demand influence the price levels of goods and services and why this relationship isn't always ...