Ivan Allen College of Liberal Arts School of Economics
From inflation to the role of sanctions in modern warfare, Tibor has expertise in a range of economic impact topics.
Professor Tibor Besedes' research focuses on international trade, economic decision making, and behavioral and experimental economics. Originally from Croatia, his affinity for economics began when his family relocated to Budapest, Hungary. The economics courses he took in high school had a lasting impact and shaped his thinking and his career. In college, he realized that economics can shed light on a number of interesting questions and can help us understand why and how people behave. Tibor can succinctly provide explanations and commentary on topics such as economic sanctions, supply chains, trade, and inflation.
News and Recent Appearances
Atlanta seeing 2nd highest inflation rate in the country
“A lot of people moving to Atlanta are bidding up the prices of housing and that creates an inflationary pressure,” said Tibor Besedes , professor at Georgia Tech School of Economics
Metro Atlanta Drivers Can Expect Higher Gas Prices After Biden Announces Ban on Russian Oil Imports
Tibor Besedes, the Mary S. and Richard B. Inman, Jr. professor in the School of Economics, was interviewed for the piece, 'Metro Atlanta Drivers Can Expect Higher Gas Prices After Biden Announces Ban on Russian Oil Imports' which aired on CBS46 on March 8, 2022.
“For this to truly be effective, to cut off Russia from the global oil and natural gas market, Europe would really need to join in because Europe relies on like 40% of energy supply from Russia,” Besedes said.
Supply chain issues impacting businesses here in Georgia and beyond
Georgia Tech economics professor Tibor Besedes said the Los Angeles port is backed up with ships and shipping containers for a reason.“This is a pretty extraordinary event,” Besedes said. “A lot of the goods are on the ships, rather than in stores. And so even when they get offloaded given the shortage of truck drivers, it takes longer to actually get them into stores and on shelves.”
The Role of Sanctions in Curtailing Russia
School of Economics Study Examines Impact of Trade Liberalization on Wage Gap, Work Patterns