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“The back story on front page economics.” These accessible essays cover the basics of economic topics, with a separate version for use in the classroom. Special “Focus on Finance” essays cover personal finance.


2015


(Posted 2015-05-01)

Falling Oil Prices Create Winners and Losers

by Scott A. Wolla

Oil prices affect the U.S. economy in many ways. For example, fluctuations in the price of oil can influence inflation, unemployment, and disposable income. Some local economies with close ties to the oil industry, however, are affected even more directly in both positive and negative ways. This essay covers one recent example of the local impact of oil prices.

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