The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and ...

On today’s episode of Economic Update, Professor Wolff delivers an introduction to the key economic concept of “the surplus.” He explains economic structures as ways of organizing the production and ...

Companies vary greatly in terms of their missions, strategic goals and product offerings, but every business has an underlying goal of generating surplus. Surplus is a concept in economics that ...