Learn the key differences between marginal utility and marginal value, how they impact decision-making, and why understanding both is crucial for economic analysis.

Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

Given the many and conflicting reasons why students choose their majors -- they liked an introductory course, it leads to well-paying jobs, it's something they're interested in, their parents made ...

I don't think most people appreciate how unusual the economics of utility services like residential broadband are. Trade economists distinguish between "tradables" like shoes and iPods and ...

Utility measurement has emerged as a cornerstone in assessing health outcomes, providing a quantitative basis for comparing diverse health states through standardised metrics such as quality‐adjusted ...

Utilities are the market sector that includes companies that produce or deliver electricity, water, natural gas and related services to the public. The companies within this sector operate under ...