Portsmouth, United Kingdom

Economics and Finance

Language: English Studies in English

Subject area: economy and administration

University website: www.port.ac.uk

Doctor of Philosophy (PhD)

Economics

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

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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.

Wikipedia

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.

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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

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Economics

To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.

C. Wright Mills, The New Men of Power (1948).

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Bottom quarks at the LHC

By colliding heavy ions with free quarks, physicists hope to recreate the earliest moments of our Universe just after the Big Bang. In the aftermath of these heavy-ion collisions, jets coming from bottom quarks have been identified for the first time.

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