Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Vikki Velasquez is a researcher and writer who has ...

Macroeconomics studies an overall economy or market system, its behaviors, the factors that drive it, and how to improve its performance.

Keynesian economic theory comes from British economist John Maynard Keynes, and arose from his analysis of the Great Depression in the 1930s. The differences between Keynesian theory and classical ...

International trade is the glue that binds economies together. The network of relationships that cross international borders gives us access to goods, services, and culture from around the world. A ...

Trade theorists continue to puzzle over their surprisingly small estimates of the impact of trade liberalization on imports. All explanations of the puzzle treat trade liberalization as a given. But ...

Patrick J. Conway, Dennis R. Appleyard and Alfred J. Field, Jr. The relative merits of preferential trading agreements and unilateral tariff reduction are investigated, yielding the conclusion that ...

Robert E. Lucas Jr., a Nobel Prize-winning economist whose revolutionary theories transformed the field of macroeconomics and our understanding of economic policy, died May 15. He was 85. A member of ...