from The American Heritage® Dictionary of the English Language, 4th Edition
- n. The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
- n. Economic matters, especially relevant financial considerations: "Economics are slowly killing the family farm” ( Christian Science Monitor).
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.
from the GNU version of the Collaborative International Dictionary of English
- n. The science of household affairs, or of domestic management.
- n. Political economy; the science of the utilities or the useful application of wealth or material resources; the study of the production, distribution, and consumption of goods and services of a nation or region, and its effect on the wealth of a country. See Political economy, under Political.
from The Century Dictionary and Cyclopedia
- n. The science of household or domestic management.
- n. The science which treats of wealth, its production, distribution, etc.; political economy.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Ron Chusid: vulcanhamm er, "you obviously don't understand basic economics but you were a supporter of Austrian economics& #8221; Spoken like a true religious zealot when their beliefs are ...
More to the point of the post, behavioral economics is not more than efforts to incorporate into economic analysis some of the insights of psychology (which are extremely well established) and criticisms from philosophy of economics from the last 30 years.
Defining such a range in economics is difficult, because many of the systems (read: institutions, however defined) that are of interest to economists have their own unique parameters that may not be shared with other systems.
Mathematical rigor in economics is not a reliable predictor of human action.
One of the most interesting questions in economics is why we are so wealthy today compared to our ancestors of 200 years ago and our contemporaries in underdeveloped countries.
George Borjas, the most academically reputable critic of immigration in economics, is now blogging.
From this episode to the last, the instruction in economics is generous and most of the time enthralling — a feeling not often connected with economics instruction, but there it is.
Lay received both his bachelor and master degrees in economics from the University of Missouri.
He has a bachelor's degree in economics from the Wharton School of the University of Pennsylvania and an MBA from Harvard Business School.
An advanced degree in economics is not required to understand that this price differential reflects Mexico's success in limiting the supply of Mexican assault rifles, thus forcing the cartels to exploit U.S. sources.
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