Department of Economics News
Economics studies how to allocate scarce resources to meet unlimited wants. A blend of theory and applied quantitative and analytical skills, a degree in economics prepares students for jobs in businesses, financial firms, government agencies, and nonprofit organizations and for advanced degrees in business, economics, law, public administration, and other social sciences.
Current Economics News
A collection of news stories highlighting the experts and student changemakers at UNLV.
A collection of news stories highlighting the experts and student changemakers at UNLV.
As the Russia-Ukraine conflict continues to escalate, UNLV researchers are available to provide expertise.
A yearlong collection of headlines featuring innovative ideas, discoveries, and partnerships to move Southern Nevada forward.
UNLV researchers made international headlines this year with their discoveries. Here's a roundup of some of our top stories of 2021.
A collection of news stories featuring research and accomplishment at UNLV.
Economics In The News
Over two years into the pandemic and its recovery, we now face an entirely new set of facts in the macroeconomy as we face a cooling economy and possibly another recession. Previously, loose monetary and expansionary fiscal policies saved the day for many people. The support for government programs to aid unemployed workers and small businesses proved essential during the recovery process. But, now, policy makers must evaluate a completely changed situation. Labor markets are overheating and employers find it difficult to hire needed workers. Moreover, the inflation dragon, which had been chained up for decades, is on the loose and creating anxiety for consumers, workers, and financial markets.
Over two years into the pandemic and its recovery, we now face an entirely new set of facts in the macroeconomy as we face a cooling economy and possibly another recession. Previously, loose monetary and expansionary fiscal policies saved the day for many people. The support for government programs to aid unemployed workers and small businesses proved essential during the recovery process. But, now, policy makers must evaluate a completely changed situation. Labor markets are overheating and employers find it difficult to hire needed workers. Moreover, the inflation dragon, which had been chained up for decades, is on the loose and creating anxiety for consumers, workers, and financial markets.
With recent dire warnings of a recession from major banking institutions like Deutsche Bank and Bank of America, Las Vegas could feel the impact of a downturn on a larger scale than other metropolitan areas with more diversified economies.
The high inflation rate and the disproportionate increase in property prices could trigger a new mortgage bubble in the United States, according to some sectors. Adriana Arevalo has the report.
Inflation was top of mind for economists and housing experts on Wednesday, as they shared their predictions for the future of the national and Southern Nevada economy at an event hosted by the UNLV Center for Business and Economic Research (CBER).
Las Vegas visitor volume has steadily increased since the pandemic lows of early 2020, but economic researchers from UNLV predict tourist activity will dip next year.
