Behavioral economics uses an understanding of human ... Behavioral economic theories are used to explain most everyday decisions, such as what people buy, how they manage their finances, and ...

The standard model of supply and demand taught in introductory economics is a good example of a useful economic model. Its basic purpose is to explain and analyze prices and quantities traded in a ...

The president has circled April 2 as the culmination of his "American first" economic policy, which has already shaken markets and started a trade war.