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Madrid, Spain

Autonomous University of Madrid

Economics and Business

Economía y Empresa

Language: Spanish Studies in Spanish

Subject area: economy and administration

Kind of studies: full-time studies

University website: www.uam.es/

Business

Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.

Wikipedia

Economics

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

Wikipedia

Business

In business affairs, it is the manner in which even small matters are transacted that often decides man for or against you.

Samuel Smiles. 'Men of business', Chapter 9, Self-Help (1859).

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Business

Somewhere in the past. organizations were quite simple, and 'doing business' consisted of buying raw material from suppliers, converting into products, and selling it to customers... For the most part owner-entrepreneurs founded such simple business and worked along with members of their families. The family-dominated business still accounts for a large portion of the business start today.

R. Edward Freeman (2007) Strategic Management: A Stakeholder Approach p. 5

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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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Physical sciences, Earth sciences

The curious case of the disappearing sea rubbish

When you think about the Earth’s oceans you probably imagine stretches of deep, dark water, exotic marine life and pristine waves. You probably don’t think of vast islands of plastic waste such as the Great Pacific Garbage Patch, an expanse of rubbish which some say is bigger than the continental United States. It was feared that collections of plastic debris like this were growing in line with our increasing rates of plastic production over the past decades. However, scientists have recently discovered that these floating eyesores are mysteriously receding – and that’s actually not a good thing…

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