State departments of transportation love to widen freeways. The Katy Freeway in Houston, I-35 in Austin...well, kind of any ...

The course covers the main topics of microeconomics from consumer and producer behavior, partial and general equilibrium, behavior under uncertainty, game theory and asymmetric information. You will ...

The Development Research Group is the World Bank's principal research department. With its cross-cutting expertise on a broad range of topics and countries, the department is one of the most ...

Read on to learn how externalities affect equilibrium and market failure. Externalities, which can be both positive or negative, can affect an individual or single entity, or they can affect ...

This describes an economic deficiency caused by an inefficient allocation of resources that disturbs the equilibrium of a marketplace and contributes to making it more inefficient. Some areas have ...

An economics bachelor’s degree will prepare you to collect and analyze information, monitor economic trends, and develop forecasts to guide industries in making critical decisions. Three Dynamic ...

Students at UiO must apply for courses in Studentweb. If you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures. You can not attend ...

Since decisions in crises typically emerge from collective decision processes within organizations composed of diverse individual members, we use the team equilibrium solution concept to analyze these ...

To help first- or second-year graduate students in economics apply their theoretical training, this paper shows how to solve a simple and intuitive computable general equilibrium (CGE) model using a ...

An entry in a company's general ledger representing what it has to pay to vendors or creditors in the short term. See full definition.