Macroeconomics

The study of how the economy behaves as a whole as well as economy-wide phenomena.

Why HOT Lanes are a Hot Topic

In the high-occupancy toll lanes outside of Washington D.C., you could pay close to $4.00 a mile. Just for a 9-mile stretch along Interstate 66, the toll has totaled $40.00. Should economists applaud?…

When Garbage Is More Than Trash

Our story starts in a college dining room when students said the mayonnaise did not taste right. It turns out that a shipment of mayonnaise to Michigan State University had frozen. Yes, you could eat …

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