Category 03

Economics Explained

Inflation, interest rates, GDP and recessions, and how they reach your wallet.

What pushes prices up, who measures it, and why a little inflation is the goal.

Demand shocks, tight credit and confidence — how economies slow down.

The economy’s scoreboard — and what it leaves out.

Supply, demand and central banks behind the rate.

The same change can sound small or huge depending on the words.

The most basic idea in economics, explained simply.

Who counts as unemployed — and who doesn’t.

Imports, exports and what the balance really shows.

Deficits, debt and why the comparison to household debt falls short.