Economic growth refers to the increase in goods and services production over set periods, often measured by GDP or GNP, ...

Inflation has slowed significantly and growth of the nation's gross domestic product has remained solid, but some economists still expect a mild recession this year. How could a modest downturn happen ...

Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at the heart of the work for which MIT’s Daron Acemoglu and Simon ...