Explore the causes and implications of below full employment equilibrium, where short-run GDP falls below potential output, leading to resource underutilization.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

The edifice of economic theory constructed over the last two centuries, to an extent in the shadow of physics, has been refuted time and again.” — Michael Batty, Inventing Future Cities Everywhere you ...

Many situations in economics are complicated and competitive. New research raises the question of whether many theories in economics may suffer from the very fundamental problem that the key ...

“Among all the Nobel Laureates in Economics, I have done the most abstract work,” Gérard Debreu said in 1985, two years after he’d received the Nobel Prize for his theory of economic equilibrium.

Today LinkedIn unveiled "Galene," a year-long effort to scale its search engine and gather "all the economic data there is in the world -- to obtain the world’s first economic graph." One day after ...