A surplus occurs when assets or goods exceed demand. Learn about different types of surplus, their impact on economies, and examples of surplus scenarios.

You don't need to have studied economics to be familiar with the law of diminishing marginal utility and the idea of consumer surplus. The first has to do with the benefit consumers get from their ...

Policy discussions and a U.S. Supreme Court decision interpret retailer services induced by retail price maintenance (RPM) as enhancing consumer surplus (CS) and welfare enhancing, marginalizing ...

A trade surplus indicates a positive balance of trade, where a nation's exports exceed its imports, resulting in a net inflow of cash from foreign markets. This can lead to employment growth and ...

A further increase in China’s trade surplus failed to fully offset the effects of a worsening housing market, which has left ...