incentives in economics

Microeconomics: From Netflix Plans to Grocery Bills

Let’s imagine it’s a chilly Wednesday evening. You’re sitting in your dorm, half-watching the latest true crime docuseries on Netflix while scrolling through your Venmo history to make sure you still have enough to buy groceries this weekend. Shoul…

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Mastering the Basics: Mankiw’s 10 Principles of Economics Explained for Young Minds!

Ever wonder why prices rise, why governments make certain rules, or how choices impact the economy? If so, you're in luck! N. Gregory Mankiw, a Harvard economist, simplified these questions into 10 principles that show how people and societies …

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