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Old 08-06-2011, 09:18 AM   #415
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<strong>Federal Direct Loan Program (FDLP)</strong> – The William D. Ford Direct Loan Program, a federal student loan program through which the U.S. Department of Education loans money directly to students and parents rather than having the loans funded by private lenders, as in the case of the FFEL Program.
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new institutional economics (GO, HO, LO, 00, PO)<br />An interdisciplinary study approach to economics employing AGENCY THEORY, PROPERTY RIGHTS and TRANSACTION COSTS economics to analyse economic institutions and provide an alternative to NEOCLASSICAL ECONOMICS. Its many applications include industrial organization, corporate governance, public choice, the economics of development and the transformation of post-socialist economies.<br /><em>Reference</em><br />Samuels, W (1995) 'The present state of institutional economics', Cambridge Journal of Economics 19: 569-90.

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