What Is the Short Run? The short run in economics is a period when at least one factor of production, such as equipment or labor, remains fixed. The long run, by comparison, allows all inputs to ...

Employment growth has consistently come in above pre-pandemic estimates of the rate needed for unemployment to stay near its long-run natural rate. Even so, unemployment has held steady, which raises ...

When looking at a long-term economic forecast that would drive an electricity demand projection, we can ignore short-run fluctuations.

Monetary policy has generally been viewed as having a moderating influence on cyclical economic fluctuations. Its long-run effects are believed to be limited to nominal variables, such as prices and ...