Good afternoon, dear University of the Philippines School of Economics (UPSE) graduates. I did not expect that the invitation ...

Definition: True cost economics is an economic model that includes the cost of negative externalities associated with goods and services. Description: If the prices of goods and services do not ...

Claudia Goldin is best known for her research of gender wage gaps and labor force earnings in the U.S., for which she won the ...

European officials tracking the ramp up of Vladimir Putin’s military are wrestling with a threat that would have been ...

Critical mineral strategies are likely to lead to further investment in exploration, refining and processing, thus reshaping ...

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I'm watching half the country predict we're on the precipice of doom, as they usually do, taking to the streets with signs like "We fight, we win!" and "This is what democracy looks like." A thread ...

Environmental economics articles from across Nature Portfolio Environmental economics is the study of the economics of ecological and environmental issues. It focuses on the monetary value of ...

In a sensational piece for Foreign Affairs, Vipin Narang and Pranay Vaddi, while underscoring emerging challenges for the ...

The EU wants to become more resilient, autonomous and sustainable – yet its industrial policy contradicts these aims.

Industrial policy is back—it's currently central to the agendas of both the EU and the UK. This resurgence comes amid a ...

From an economics standpoint, marginal cost includes opportunity cost. In essence, an opportunity cost is the cost of not doing something different, such as producing a separate item.