Introductory-level economics uses supply and demand curves to identify the "ideal" price for a product, service or other economic activity. In Econ 101, these curves assume that the economy is ...

How to Estimate a Demand Curve. In economics, a demand curve represents the relationship between the quantity of a product demanded and its price. It is almost always downward-sloping, as more ...

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 ...