Learn how the lower of cost or market (LCM) method helps value inventory accurately by using the lesser of historical cost or market value, key for GAAP compliance.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel economics prize on Monday for their work on how innovation ...

The Journal of Economic Education, Vol. 39, No. 3 (SUMMER 2008), pp. 273-286 (14 pages) In 1995, 2000, and 2005, the authors surveyed U.S. academic economists to investigate how economics is taught in ...

From economics to medicine to the humanities, professors are experimenting with AI to speed up tedious tasks, analyze ...

Environmental and natural resource economics deals with the economics of pollution control, policies and economic incentives for dealing with pollution and the basic economic principles for the ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research into the ...

Some of the most insightful — and now most celebrated — studies of such major social issues as minimum wages and immigration have seized on naturally occurring events. Pioneering efforts by three ...

Genetic-based technologies offer the prospect of information to guide clinical decision-making but will also have impacts on the use of health care resources. Assessing the clinical utility of genetic ...