Discover four key economic concepts: scarcity, supply and demand, costs and benefits, and incentives. Learn how they affect consumer choices and financial decisions.

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

A surprising eight out of 10 12th graders understand basic economics concepts, according to a national study released on Wednesday. “Given the number of students who finish high school with limited ...