Rome, Italy

Models for Economics, Territory and Finance

Modelli per l'economia, il territorio e la finanza

Table of contents

⇑Models for Economics, Territory and Finance at University of Rome "La Sapienza"

Language: Italian Studies in Italian
Subject area: economy and administration
University website: www.uniroma1.it
Type: PhD/Doctoral programme (Dottorato di ricerca)
Academic degree: Dottore di ricerca (PhD)
Duration: 3 years

⇑Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Territory
A territory is an administrative division, usually an area that is under the jurisdiction of a state. In most countries, a territory is an organized land controlled division of an area that is controlled by a country but is not formally developed into, or incorporated into, a political unit of the country that is of equal status to other political units that may often be referred to by words such as "provinces" or "states". In international politics, a territory is usually a non-sovereign geographic area which has come under the authority of another government; which has not been granted the powers of self-government normally devolved to secondary territorial divisions; or both.
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
The field of economics is not exempt from the consequences of chaos and complexity. Marketplaces are indeterminate; value is subjective; and outcomes are subject to interpretation. Economic forecasting is just as nebulous, being based on the probability of statistical information that may or may not be accurate.
L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 16.
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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