Department of Applied Economics at the University of Minnesota

News

How forecasts of bad weather can drive up your grocery bill

June 11, 2024

"Supply chain disruptions and labor shortages are among the reasons food prices have climbed 25 percent since 2020," Professor Metin Cakir explains.

Can we fight shrinkflation? Yes, here's how.

April 27, 2024

"Downsizing is a problem if information about it is not fully transmitted to consumers, which causes market inefficiencies as consumers are likely unaware of unit price differences," Metin Çakır says.

Families shelling out more for eggs at the grocery store

March 12, 2024

Michael Boland, an agricultural economics professor at the University of Minnesota, explains the price increase.