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« Doctoral studies

Kiseljak, Bosnia and Herzegovina

University of Travnik

Quantitative Economics

Kvantitativna ekonomija

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Quantitative Economics at University of Travnik »
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⇑Quantitative Economics at University of Travnik

Language: Bosnian Studies in Bosnian

Subject area: economy and administration

University website: www.unt.ba

Type: Doctoral programme

⇑Definitions and quotes

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

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Quantitative

Quantitative information or data is based on quantities obtained using a quantifiable measurement process. In contrast, qualitative information records qualities that are descriptive, subjective or difficult to measure.

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Economics

Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.

Franklin Delano Roosevelt, request to Congress to effect drastic economies in the government (March 10, 1933); in The Public Papers and Addresses of Franklin D. Roosevelt, 1933 (1938), p. 50.

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Economics

Economics is not simply a topic on which to express opinions or vent emotions. It is a systematic study of what happens when you do specific things in specific ways. In economic analysis, the methods used by a Marxist economist like Oskar Lange did not differ in any fundamental way from the methods used by a conservative economist like Milton Friedman.

Thomas Sowell, Ch. 1 What is Economics? in Basic Economics

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Economics

Give not Saint Peter so much, to leave Saint Paul nothing.

George Herbert, Jacula Prudentum (1651). Reported in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 216.

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