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

Are you wondering what trade deficits are and what all the hoopla is around President Donald Trump's trade war? Here are some terms and facts to help you understand. On an a larger scale of comparison ...

Policies that increase consumer surplus without significantly reducing producer surplus may be considered beneficial from an economic efficiency standpoint. In increasingly digitized markets, consumer ...