Economics is the study of how every business, person, and government allocates their limited resources. A resource must be useful to be classified as a resource. Chances are new economic students have covered the economic principle of scarcity in their first lesson. If a resource is not scarce, it means it is readily available at no charge. Can you identify the only resource that is not scarce? Listed below are several of the suggestions made by my students and the only resource that is not scar More

For the first time in 99 years, a solar eclipse was visible from coast to coast across the United States. Click to read our analysis of the Economic Impact of the Eclipse. More

The US economy continues to grow, inflation remains low, and employment is rising. Stock markets continue to hit record highs fueled by positive corporate earnings. Read more at Higher Rock Education! More

Kevin is an English teacher in Venezuela. The current political and economic turmoil in Venezuela has added many challenges to being a student. Many students risk their lives and endure many hardships every day. He writes of the difficulties he has suffered, including purchasing necessities in the black market. More