The aim of this course is to give students the conceptual basis and the necessary tools for understanding modern microeconomics at an intermediate level.

Scottish philosopher and political economist Adam Smith published, ‘An Inquiry into the Nature and Causes of the Wealth of ...

Companies use marginal analysis to compare the incremental costs of economic activities. Learn how businesses use marginal analysis to maximize profits.

This course has joint teaching with ECON9200B – Advanced Microeconomics. This is an advanced course in microeconomic theory. The course covers the main topics of microeconomics from consumer and ...

Equilibrium & Sustainability Nearly two-thirds of US beaches saw fecal contamination last year: Report by Sharon Udasin - 07/08/25 1:09 PM ET ...

Conventional thinking is that, absent a black swan event like COVID-19, aviation’s demand-supply imbalance will take years to correct itself. Many also foresee the industry reaching a rough ...

Climate change caused by humans played a direct role in the deaths of about 1,504 people during a heat wave that struck Europe last week, a new report has found. Warming linked to the combustion of… ...

Microeconomics seeks to make sense of the behaviour of individuals, households and firms. It aims to answer questions such as: if incomes rise, how will individuals spend their surplus income, and on ...

The Microeconomics Seminar Series is a weekly series hosted by the World Bank's research department that invites leading researchers in applied microeconomics to present their research.

Total utility is the aggregate satisfaction that a consumer receives when consuming goods or services.

In this article,we investigate the distributed Nash equilibrium seeking problem for games with unknown nonlinear players under both event-triggered communication and switching topologies. To be ...

We consider the stochastic generalized Nash equilibrium problem (SGNEP) with expected-value cost functions. Inspired by Yi and Pavel (2019), we propose a distributed generalized Nash equilibrium ...