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Your airline ticket price can vary considerably based on time of purchase and amount of baggage.

Why Airline Ticket Prices Fluctuate: Understanding Dynamic Pricing Strategies

Airlines engage heavily in dynamic pricing, where the price is adjusted based on timing of purchase and other factors, ranging from peak travel times to last-minute attempts to fill empty seats. Add tiered memberships and baggage fees, and prices can vary considerably....
5 min read
Trickle-Down Economics: Why It Only Works in Theory
Definitions Managing the economy

Trickle-Down Economics: Why It Only Works in Theory

Published on July 29, 2021

What Is Laissez-Faire Economic Theory?
Competitive markets Business economics Definitions Managing the economy

What Is Laissez-Faire Economic Theory?

Published on June 30, 2021

Human Capital: What It Is and How It Impacts the Economy
Competitive markets Definitions Labour markets Managing the economy

Human Capital: What It Is and How It Impacts the Economy

Published on June 14, 2021

What Are Trade Barriers?
Competitive markets Definitions Global economics Managing the economy

What Are Trade Barriers?

Published on June 07, 2021

Understanding consumer sovereignty
Competitive markets Behavioural economics Definitions Managing the economy

Understanding consumer sovereignty

Published on June 07, 2021

What Is a Duopoly?
Competitive markets Definitions Managing the economy

What Is a Duopoly?

Published on June 07, 2021

Understanding the laffer curve
Managing the economy Definitions Global economics

Understanding the laffer curve

Published on June 04, 2021

ISA allowance for 2022/23: Everything you need to know
Managing the economy

ISA allowance for 2022/23: Everything you need to know

Published on May 12, 2021

What Is Leverage Ratio?
Managing the economy Definitions

What Is Leverage Ratio?

Published on April 25, 2021

Who Is to Blame When Fuel Prices Rise Dramatically?
Managing the economy

Who Is to Blame When Fuel Prices Rise Dramatically?

Published on April 08, 2021

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A Zoom or Google Meet video meeting showing many participants on a person's laptop computer.

The Economics of Remote Work: How Labor Markets Are Adjusting to the Post-Pandemic World

Since the start of the Covid pandemic, a significant portion of white collar workers in the West have been working remotely. As companies and governments want workers to return to the office, a labor force debate has erupted over remote work....
5 min read

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Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.
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