NounSingular economics Plural uncountable economics (uncountable)
SynonymsDerived termsRelated termsFrom Wiktionary under the GNU Free Documentation License. Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)". Current economic models developed out of the broader field of political economy in the late 19th century, owing to a desire to use an empirical approach more akin to the physical sciences. A definition that captures much of modern economics is that of Lionel Robbins in a 1932 essay: "the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses." Scarcity means that available resources are insufficient to satisfy all wants and needs. Absent scarcity and alternative uses of available resources, there is no economic problem. The subject thus defined involves the study of choices as they are affected by incentives and resources. Economics aims to explain how economies work and how economic agents interact. Economic analysis is applied throughout society, in business, finance and government, but also in crime, education, the family, health, law, politics, religion, social institutions, war, and science. The expanding domain of economics in the social sciences has been described as economic imperialism. Common distinctions are drawn between various dimensions of economics: between positive economics (describing "what is") and normative economics (advocating "what ought to be") or between economic theory and applied economics or between mainstream economics (more "orthodox" dealing with the "rationality-individualism-equilibrium nexus") and heterodox economics (more "radical" dealing with the "institutions-history-social structure nexus"). However the primary textbook distinction is between microeconomics ("small" economics), which examines the economic behavior of agents (including individuals and firms) and macroeconomics ("big" economics), addressing issues of unemployment, inflation, monetary and fiscal policy for an entire economy. Economics Economies by regionAfrica · North America South America · Asia Europe · Oceania General categoriesMicroeconomics · Macroeconomics History of economic thought Methodology · Heterodox approaches Fields and subfieldsBehavioral · Cultural · Evolutionary Growth · Development · History International · Economic systems Monetary and Financial economics Public and Welfare economics Health · Labour · Managerial Business · Information · Game theory Industrial organization · Law Agricultural · Natural resource Environmental · Ecological Urban · Rural · Regional Economic geography TechniquesMathematical · Econometrics Experimental · National accounting ListsJournals · Publications Categories · Topics · Economists Economic ideologiesAnarchism · Capitalism Communism · Corporatism Fascism · Georgism Islamic · Laissez-faire Market socialism · Mercantilism Protectionism · Socialism Syndicalism · Third Way The economy: concept and history Business and Economics Portal This box:From Wikipedia under the
GNU Free Documentation License  interest.co.nz Bernard Hickey Wed, 15 Jul 2009 02:20:05 GM This Government has three key . economic. objectives, which together will result in improved and enduring . economic. growth. These are: increasing New Zealand's productivity growth; maintaining high levels of employment, and reducing New ...  hotair.com The Other McCain Sun, 12 Jul 2009 18:00:00 GM The editors of The Washington Post demand to know why a second . economic. stimulus is needed. [...] Read the rest  failedexperiment.com LeonCoDem ue, 14 Jul 2009 22:47:16 GM Quote--- *_U.S. House Releases Health Care Proposal_* washington (Reuters) - The healthcare overhaul proposal offered on Tuesday by US House of..., The weblog of the people, for the people. Discussing the issues that matter most. From Google Blog Search: "economics"  news.google.com MarketWatch "Another financial failure wouldn't be the best news for recovering sentiment in the sector and the broader economy," said analysts at Action Economics . ... and more » news.google.com IT-Director.com In other words, Cloud economics the business costs and benefits of using the Cloud are becoming the focal point as the technology used to create it become ... and more » news.google.com NPR Fred Bergsten directs the Peterson Institute for International Economics . Dr. fred bergsten (director, Peterson Institute for International Economics ): ... G8, China, India all decide to pee in the drinking bucket. Gather.com all 178 news articles » From Google News Search: "economics"  webspace.ship.edu 278px x 515px | 34.60kB [source page] Economics Students 2006 ODE Inductees From Yahoo Image Search: "economics" What is the job prospective of person with a economics degree? Q. I got into UCI for next fall as a business economics major. I have heard good and bad things about majoring in economics. Some ppl say it leads to unemployment while others are successful. I was wondering if I should study economics or not? People tell me I should just major in accounting if I want to be employed after graduating is it true? And will an econ degree from UCI because it is considered useless because it is a low-tier UC compared to LA or Berk? Asked by iBizzy - Sun May 3 16:14:51 2009 - - 1 Answers - 0 Comments A. There are jobs out there for Economics majors. Banks are always hiring people with their BA in Economics. Answered by Prospero Reincarnate - Mon May 4 08:36:19 2009 What methodology can you suggest for my economics thesis topic? Q. What methodology can you suggest for economics thesis topic? Im planning to make a thesis, the role of women in advancing the field of economics. That includes women in the academic field and those who are in the non-academic field. Can you suggest any methodology or framework that i can use? Thank you so much.. Asked by char - Fri Jul 18 12:11:33 2008 - - 3 Answers - 0 Comments A. No offense, but "the role of" is not a thesis. A thesis might be to prove or disprove whether women economists have had disproportionate impact on certain kinds of research. Answered by SDD - Fri Jul 18 13:29:44 2008 What are the disadvantages of holiday economics?
Q. I need to know for a debate paper. I'm researching on why the Philippines should not have moved its Independence Day Celebration(Holiday) just for holiday economics and convenience. Thanks!*Any help with my debate topic would be nice too. Asked by Nathania - Wed Jul 4 09:07:42 2007 - - 1 Answers - 0 Comments A. They should have left it alone. Business is as business does in that situation. Just think if we movec Christmas what the ramifications would be. Answered by Ty H - Wed Jul 4 16:45:22 2007 From Yahoo Answer Search: "economics" Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek for oikos (house) and nomos (custom or law), hence "rules of the house(hold). This theme article needs cleanup. Please review , especially the , to determine how to edit this article to conform to a higher standard of article quality. This page has been listed as needing cleanup since 2006-11-28.ContentsSourced
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