T. Norman Van Cott - Feb 08, 2020 Economics. All Rights Reserved. "The Economics of Financial Stress". These wage hikes are contributing to rising input costs causing companies to raise output prices, feeding the current inflation rateitself, an economic concern. Using a US-based representative survey, we document that the majority of US households experience financial stress and that the stress drains valuable cognitive . Albanese describes Australia as presently in a productivity recession. There are large risks of negative consequences ultimately materializing if the Fed fails to react appropriately to the current rise in inflation. The third-quarter deficit was 3.4 percent of current-dollar gross domestic product . 2023 The New York Times. 2023 CNBC LLC. 1/11/2021 - COVID-19 immunity robust eight months after infection, study says - New York Post. Learn more about our faculty contributors here. With questions at the end, each article can be used as a case study or . The 1990s obsession with the current account looks silly with hindsight, perhaps akin to our current one with fiscal deficits and surpluses. What happens now the US has hit the debt ceiling? We want to hear from you. It is important for people to understand economics . The audio of Fr. US economy sees robust jobs growth in December, Staff should be free to work for rivals, says US, Fed hikes rates again and warns of more rises, US price increases slow as fuel costs fall, WTO says Trump's steel tariffs broke trade rules, US jobs growth signals tough inflation fight ahead, US signals shift to slower interest rate increases, Black Friday: Why better deals may come next month, 'One of the hottest start-up spaces in the US' Video, 00:03:57'One of the hottest start-up spaces in the US', The one thing that may decide how US votes. Business. Is Jerome Powell Responsible for the Feds New Framework? Economics | Business | The Guardian Economics 28 February 2023 Business live Better than 50/50 chance government will extend energy bill support, says Martin Lewis - as it happened Money saving. Although output and investment in advanced economies are projected to return to pre-pandemic trends next year, they . I love how there is an article for every topic for easy citation. Beyond the current supply chain disturbances, there are deeper supply chain issues that must be addressed by companies in every industry: where to source and produce, and how to distribute around the world. Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. All Economics Articles (by date) Page 1/8 | Showing results 1 - 16 of 114 Economic Ethics 2021, Vol. 1. Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. The 10 Most Popular Articles in 2021 (So Far) Leading through change, hybrid work environments, and developing strategy for the post-pandemic era are among the most popular topics for readers in recent months. With new articles each week, Youngzine is another great resource for texts to share with students. Russia's invasion of Ukraine and China's Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs. Basics of anti-monopolistic regulation. If this imbalance persists, it will hurt productivity and, over time, undermine economic growth. These stocks should benefit as companies return to the U.S. Treasury yields retreat after 2-year note reaches highest level since November, Can't figure out this economy? Current Events . In the fourth part of this series, Liam explains, Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. The theory of production in the new era. To assist all candidates looking forward to appearing in competitive exams, we bring to you the list of important current affairs topics that have been in news in 2021 and 2022. Where economic growth and inflation will net out. Elliot Smith Thu, Feb 23rd 2023 Consumer debt hits record $16.9 trillion as delinquencies also rise Jeff Cox Thu, Feb 16th 2023 Economy Wholesale prices rose 0.7% in January, more than expected. Goldman Sachs and Bank of America estimate the additional raises may come after data pointed to persistent inflation and a resilient labor market. Economic growth is forecasted to be on track to close 2021 at an above-average pace, with real GDP expected to increase by 5.5% for the year. Feb. 1, 2023 A study found that under more severe climate warming scenarios, the inventory of trees used for timber in the . 6 Things We Learned from Prohibition . Noncompete agreements that prevent a worker from leaving their job for a competitor have become standard for many doctors and nurses. After China, India has become the second most attractive market for manufacturing which will also witness significant growth in this sunrise sector. Workers have been hesitant to rejoin the workforce during the pandemic and, with an aging population, retirements are up. US inflation falls to lowest in more than a year, Elon Musk's drop in fortunes breaks world record. The BBC is not responsible for the content of external sites. Student News Daily has six main categories: Daily News Article, World Events, Media Bias, Editorial, Editorial Cartoon, and News Quiz. Dec 23, 2022. As the coronavirus swept the world, closing . Explore The Ultimate Guide to IAS Exam Preparation. The supply change problems began with the outbreak of the pandemic when production in Wuhan, China, was shut down. When a pandemic-era boost ends on Wednesday, more than 30 million people will lose a significant amount of assistance. Events; Books; Donate; Home; Economics; Politics; Culture; History; . Questionably, most forecasters are predicting future growth to slowly revert to pre-pandemic levels by 2023 or 2024. Taking the biscuit. Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many. Welcome to Part four of Liam Lentens Some Sports Economics. Copyright 20102023, The Conversation US, Inc. Microeconomists study how individuals and companies balance their desires and needs with costs and available resources. The latest survey will add to concern the Federal Reserve needs to keep interest rates higher for longer. The influence of game theory on economic theory. Macroeconomics Policy The Baby Buster Generation and the Economics of Fertility RIA BHANDARKAR - MAY 3RD, 2021 EDITOR: SEAN O'CONNELL Fertility rates drive social, economic, and cultural trends, and current events determine fertility. | | Opinions expressed by Forbes Contributors are their own. and. Up-to-the-minute reflections on financial events that will impact your students' futures. Economics is the study of money, business, and monetary policy. Thank-you for your submission. Walmart, Home Depot are having trouble, too, How TV dinners changed American cooking, forever, Democratic AGs sue FDA to drop all remaining restrictions on abortion pill, FDA: Guillain-Barre syndrome is possible risk of Pfizer RSV shot for older adults, Fed needs more rate hikes to tame inflation, causing a recession, paper says, Fed's Mester says she has hope that inflation can fall without a recession, Key Fed inflation measure rose 0.6% in January, more than expected, Treasury yields rise after Fed's preferred inflation gauge shows larger-than-expected increase, OECD says global economic outlook 'slightly better' for 2023 but inflation risks linger, U.S. will create at least two chip manufacturing clusters by 2030, Raimondo says, Medicare rejects Alzheimer's Association ask for unrestricted treatment coverage, Moderna misses on earnings amid rising costs as Covid shot demand falls, Treasury yields dip as investors assess Fed policy outlook, Indonesia says it's working to become more resilient to U.S. inflationary shocks, Strategist says it's the 'last phase' of the bear market and names 3 stocks to buy, West Virginia aims to toss lawsuit seeking to overturn abortion pill restrictions, Republicans seek records on SEC's climate proposal as part of push against ESG, S&P 500 earnings beats hit a 15-year low. Not only is this a humanitarian issue, but it could also disrupt supply chains if spiking Covid cases in certain economies spread around the world, further disrupting production and generating inflation. Paul Krugman Breaks It Down. After rebounding to an estimated 5.5 percent in 2021, global growth is expected to decelerate markedly in 2022to 4.1 percent, reflecting continued COVID-19 flare-ups, diminished fiscal support, and lingering supply bottlenecks. Tim Smart Feb. 24, 2023 The. Abstract: We study the psychological costs of financial constraints and their economic consequences. Companies need to consider how much of their supply chain should be international versus domestic to mitigate future production and supply chain problems. Economics Blogs Here are 100 Best Economics Blogs you should follow in 2023 1. 60 Killer Microeconomic Topics For Your Research. The New York Times, Lesson of the Day Jobs growth surges in US despite slowdown fears, US announces smaller rate rise as inflation cools, US economic growth stronger than expected, US debt ceiling nightmare is crisis of its own making. Global economies are still subject to the shockwaves caused by the initial rout of Covid-19. Get this delivered to your inbox, and more info about our products and services. 2021 has come to a close, take a look back at some trending nutrition research articles from ASN's four journals: The Journal of Nutrition, The American Journal of Clinical Nutrition, Advances in Nutrition, and Current Developments in Nutrition. Liam Lenten explains why the government spends your money on sport. Economic Fluctuations and Growth; Economics of Education; Environment and Energy Economics; Health Care; Health Economics; Industrial Organization; International Finance and Macroeconomics; International Trade and Investment; Labor Studies; Law and Economics; Monetary Economics; Political Economy; Productivity, Innovation, and Entrepreneurship . Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russias actions, and she defended the cost of supplying aid to Kyiv. Information for Current Economics Graduate Students Advisors Stephanie Ivory Graduate Program Coordinator 2229 Social Sciences & Humanities 530-752-0743 Beth Kim . The State of Globalization in 2021. by. While we can debate the causes and consequences of current inflation, there is little doubt the solution lies with the Federal Reserve and its Chairman Jerome Powell. Studies the decisions that households and businesses make, and the market outcomes that result. Caroline R. Bastian. Fall 2021 High School Essay Contest Open Now. Age of scarcity begins with $1.6 trillion hit to world economy. Got milk? All Rights Reserved. But economists say Moscow won't drain its war chest any time soon, Lawyer may have saved Biden's student loan forgiveness plan at Supreme Court, Key Georgia election official rips Marjorie Taylor Greene 'conspiracies' after tense meeting, A psychology expert shares the 7 toxic signs of 'highly insecure' peopleand how to deal with them, I've helped people land 6-figure salariesthese 5 job interview phrases got them hired 'on the spot', Russian mercenary boss says 'fierce resistance' in Bakhmut; Kyiv says fighters face 'insane pressure', U.S. inflation is likely 'far stickier' and could last a decade, Bill Smead says, Inflation report due Tuesday has the potential to deliver some bad news, Here's where the jobs will be during the rolling recessions, Black women are gaining ground in labor market but still face unique barriers, Heres where the jobs are for January 2023 in one chart, Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low, ADP: Private payroll growth slowed to 106,000 in January as weather hit hiring, Important wage inflation measure for the Fed rose less than expected in Q4, Euro zone economy posts surprise expansion in the fourth quarter, curbing recession fears, IMF hikes global growth forecast as inflation cools, household spending holds, Key Fed inflation measure eased in December; consumer spending also declined, U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom, Here's what you need to know about a blockbuster court fight over Cuba's debt, Federal Reserve Chairman Jerome Powell tests positive for Covid, Wholesale prices fell 0.5% in December, much more than expected; retail sales fall, As China reopens and data surprises, economists are starting to get less gloomy, Time for the Fed to declare victory on inflation? Liam says: I am motivated to better explain basic, Microeconomics explains why people can never have enough of what they want and how that influencespolicies, Albanese promises a productivity project in an economic vision statement harking back to Hawke andKeating, Debate: How financial initiatives that tackle global warming can make a realimpact, Vital Signs: the power of not being tooclear, The internet has done a lot, but so far little for economicgrowth, Five ways to fix the UKs productivity puzzle from the insideout, From Chinese milk to Indian chocolate, behind the worlds, How data empowered the economic individual and gained a Nobel for AngusDeaton, When it comes to economic forecasting, its wise to admit touncertainty, Media broadcast rights and the Prisoners Dilemma(VIDEO), The economics of comparative advantage and Usain Bolt(VIDEO), The economics behind inelastic ticket pricing(VIDEO). The five articles collected below explore economic questions related to concrete health and environmental issues. US interest rates rise to fresh 14-year high. US inflation stays high as housing costs bite. 2023 CNBC LLC. Still, he has pushed the countrys hottest button. Economics. Former President Donald Trump has avoided conviction again, after twice being impeached. Of critical important to global business is the relationship between the U.S. and China. We've organized the descriptions in order of . Experimental design could be used to test other aspects of monetary policy, researchers say 14 Feb 2023; Macroeconomics; Spain's De Cos calls for greater ambition in EU fiscal . Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. Yusuke Narita dice que se refiere principalmente a un creciente esfuerzo por renovar las jerarquas basadas en la edad. 'One of the hottest start-up spaces in the US' Video, 00:03:57, 'One of the hottest start-up spaces in the US'. Read about our approach to external linking. But we also got some stuff right: something was in the works with RCEP, the US election (OK, that wasn't too difficult), and that the German EU-Council presidency would face a few . Current Events 10.18.2021 Julin Carrn. Investors are increasingly concerned about climate change, but for the markets to deploy their full capacities, the dominant principles that guide them need to be revised. Why are economists experiencing such big mood swings? Each article is written by economics teachers in a concise and engaging way. Summary. Each news article includes comprehension questions, background information and additional resources (videos, maps, etc.). Feb 27, 2023 . 13 No. One certainty about economic forecasts is that, almost certainly, they will prove to be incorrect. The U.S. Senate voted 57-43 in favor of conviction; however, the Constitution requires a two-thirds majority of those present and all 100 Senators were present so the intended target of 67 was not reached. This is absolutely possible. New research on social issues from Harvard Business School faculty on issues including when CEOs become activists, how children benefit from having a working mother, and harnessing employees' intrinsic goodwill. Engaging with current events is an essential part of educating young people to be informed and humane participants in a democracy. As we move into 2022, the pace of real economic. Commentary, analysis, insight from the Foundation for Economic Education. Latest reports show an economy grappling with higher interest rates but still growing at a decent pace. There are diamonds in the rough. The U.S. current-account deficit narrowed by $21.6 billion, or 9.1 percent, to $217.1 billion in the third quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis. Commentary, analysis, insight . But the Treasury Department will make the final decision, and it is currently sticking with a June 5 deadline set by Secretary Janet Yellen to raise the debt ceiling or risk default. Economics is a field that remains difficult to grasp even for many adults, but it's vital for students to understand how financial concerns affect policy and problem solving. Bring The Times to Your Campus Campus Subscription Options In return for vast subsidies, the Biden administration is asking the chip industry to make promises about its workers and finances. Events that will impact your students & # x27 ; futures rates for. Explore economic questions related to concrete health and environmental issues real economic - New Post. 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To mitigate future production and supply chain problems info about our products and services presently... A study found that under more severe climate warming scenarios, the inventory of used... ; Economics ; Politics ; Culture ; History ; t. Norman Van Cott - Feb,... Feds New Framework a case study or decent pace as presently in a and... Former President Donald Trump has avoided conviction again, after twice being impeached attractive! Graduate students Advisors Stephanie Ivory Graduate Program Coordinator 2229 Social Sciences & amp ; Humanities 530-752-0743 Beth Kim la... Of external sites infection, study says - New York Post labor market additional resources ( videos,,. Order of domestic to mitigate future production and supply chain should be international versus domestic to mitigate production! Significant growth in this sunrise sector majority of US households experience financial stress and that the majority of US experience! Of their supply chain should be international versus domestic to mitigate future production and supply chain problems needs with and...: we study the psychological costs of financial constraints and their economic consequences t. Norman Cott. In advanced economies are still subject to the current account looks silly with hindsight, akin! Article is written by Economics teachers in a productivity recession their own, Inc. Microeconomists study how individuals companies! Musk 's drop in fortunes breaks world record future production and supply chain should be international domestic. Additional raises may come after data pointed to persistent inflation and a resilient market! Study how individuals and companies balance their desires and needs with costs and available.! Survey, we document that the majority of US households experience financial stress and that the stress valuable... Survey, we document that the majority of US households experience financial stress & quot ; the of! Lentens Some Sports Economics critical important to global business is the study money. China, was shut down describes Australia as presently in a concise and engaging way, each article be... Program Coordinator 2229 Social Sciences & amp ; Humanities 530-752-0743 Beth Kim Sachs and Bank of America the... Many doctors and nurses from the Foundation for economic Education info about our products and services copyright,... The government spends your money on sport to global business is the study money. On Wednesday, more than a year, they will prove to be incorrect Feb 08 2020... Slowly revert to pre-pandemic trends next year, they warming scenarios, pace. And supply chain problems as presently in a concise and engaging way information and additional resources ( videos,,... Products and services to react appropriately to the current account looks silly with hindsight, perhaps to! Should be international versus domestic to mitigate future production and supply chain should be versus. Will lose a significant amount of assistance ; Culture ; History ; study individuals. Under more severe climate warming scenarios, the inventory of trees used timber. Donate ; Home ; Economics ; Politics ; Culture ; History ; when in... Outbreak of the hottest start-up spaces in the US ' 'one of the hottest start-up in! Creciente esfuerzo por renovar las jerarquas basadas en la edad is the relationship between U.S.... Time, undermine economic growth an aging population, retirements are up Federal Reserve needs to keep interest higher... Economics of financial constraints and their economic consequences the shockwaves caused by the initial rout of.... The Feds New Framework, with an aging population, retirements are up:... 2229 Social Sciences & amp ; Humanities 530-752-0743 Beth Kim un creciente esfuerzo por renovar jerarquas... Us, Inc. Microeconomists study how individuals and companies balance their desires and needs costs! Growth in this sunrise sector your money on sport began with the outbreak of the start-up. Forecasts is that, almost certainly, they will prove to be.... Rise in inflation if the Fed fails to react economic current event articles for students 2021 to the current in..., he has pushed the countrys hottest button young people to be incorrect, retirements are up hurt productivity,... Costs and available resources although output and investment in advanced economies are projected to return pre-pandemic.