This can often be traced back to something called demand economics. Here’s a breakdown on what this is and how it plays a big role in deciding how much you pay for just about everything.

A boom in heavy industry, an increase in the number of air conditioners, and a robust electric-vehicle market are all adding ...

The main plank of Keynes’s theory, which has come to bear his name, is the assertion that aggregate demand—measured as the sum of spending by households, businesses, and the government—is the most ...

The income effect, in microeconomics, is the resultant change in demand for a good or service caused by an increase or decrease in a consumer's purchasing power or real income. As one's income ...