Moscow, Russia

Economics

Экономика

Language: Russian Studies in Russian
Subject area: economy and administration
University website: www.mpgu.edu
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics
Magnum vectigal est parsimonia.
Economy is a great revenue.
Economics
Economics is, in essence, the study of poverty.
Ronald Max Hartwell, The Long Debate on Poverty (1972), p. 3
Economics
Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.
Joseph Schumpeter, History of Economic Analysis, 1945. p. 27
Power generation from a renewable resource like wind directly depends on the weather, which cannot be easily predicted. An EU initiative improved wind power and electricity demand forecasting in order to make wind power more valuable on the power market.
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