Javascript allows adding interactivity and dynamic behavior to web pages. It is a client-side scripting language that was developed by Netscape to address the limitations of static HTML pages. Javascript events occur when a user interacts with a web page, such as clicking a button. Event handlers in the form of Javascript functions execute in response to these events. Common events include load, click, change, and submit. The Browser Object Model includes objects like window, document, and form that can be manipulated with Javascript to control what happens in the browser.