Consumer surplus is a term used in economics that can have a significant impact on your business. When the cost of producing a product is more than what people are willing to pay, you have a consumer ...

In economics, the consumer surplus is the satisfaction a consumer receives when purchasing a good or service. Graphically, it is depicted as the triangle-shaped area formed by the aggregate demand ...

To calculate the Consumer Price Index between two years in Excel, take a sum of all the amounts spent on the basket of products over those two years. Then use the following formula to find the CPI ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

THIS week's Free exchange column explores how much value the Internet creates that is not captured in GDP. Typically economists determine such non-monetary benefits by trying to calculate "consumer ...