Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

A horizontal merger is a merger or business consolidation that occurs between firms that operate in the same industry, usually as larger companies attempt to create more efficient economies of scale.

Have you ever stopped to wonder how forecasters can predict the weather days in advance, or how scientists figure out how the climate might evolve under different policies? The Earth system is a vast ...