Konstanz, Germany

Economics

Wirtschaftswissenschaften

Table of contents
Economics study

Economics at University of Konstanz

Language: German Studies in German
Subject area: economy and administration
University website: www.uni-konstanz.de
degree: Dr. rer. pol.

Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
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
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.
Economics
How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.
Jeremy Bentham, "A Critical Examination of the Declaration of Rights; Article II" in The Works of Jeremy Bentham, Vol. II (1839), p. 503.
Accurate wind and wave forecasts are crucial to the day-to-day management of offshore and coastal operations and play a key role in coastal management systems. EU-funded researchers therefore developed realistic ocean wave models and incorporated them into accurate global climate forecasts.
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