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Today, the labor market is undergoing yet another evolution thanks to both applicants and hiring managers using AI.

Algorithmic Hiring and the New Labor Market Matching Function

When you see a job you want, are you using AI to optimize your online application, resume, and cover letter? Do you know whether your words will pass through the hiring managers' filters, or be automatically deleted? A look at the effect of AI on today's hiring markets....
4 min read
Production Possibility Curve (PPC)
Definitions Managing the economy

Production Possibility Curve (PPC)

Published on January 10, 2025

Tax Multiplier Formula
Definitions Managing the economy

Tax Multiplier Formula

Published on December 21, 2024

Image of an oil rig in the water
Definitions Global economics Factors of production

Theory of Absolute Advantage

Published on December 18, 2024

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Definitions Managing the economy Global economics

Expansionary Monetary Policy

Published on December 17, 2024

Examples of Threats in SWOT Analysis
Definitions Business economics

Examples of Threats in SWOT Analysis

Published on December 16, 2024

Producer Surplus Equation
Definitions Competitive markets

Producer Surplus Equation

Published on December 12, 2024

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Definitions Behavioural economics

Exploring the Paradox of Value

Published on December 08, 2024

Picture of monopoly houses on sheets of paper with graphs
Definitions Business economics

Proportional Tax

Published on December 06, 2024

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Global economics Managing the economy Definitions

The Evolution and Challenges of the Circular Economy: From Utopia to Reality

Published on December 05, 2024

Fence and sign with the word "Privat" written on it.
Definitions Business economics

Privatisation Definition

Published on December 03, 2024

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Older Posts
Digital Payments and the Vanishing Role of Cash

Digital Payments and the Vanishing Role of Cash

Today, most consumers rarely use cash at all and rely solely on credit cards, debit cards, or digital payment apps on their smartphones. What are the economic implications of becoming a cashless society?...
5 min read

Recent Post

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When you are shopping online, is the seller using psychological tricks to manipulate you into buying more?
Dark Patterns and the Economics of Consumer Mistakes
January 23, 2026
The high costs of data centers has limited the expansion of AI for now, creating an oligopoly market.
Compute Constraints and the New Economics of Scarcity in AI
January 22, 2026

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