Brno, Czech Republic

Economics

Ekonomie

Table of contents
Economics study

Economics at MU

Language: Czech Studies in Czech
Subject area: economy and administration
University website: www.muni.cz/
Type: Doctoral programme
Duration: 4 years

Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics
Capitalism is the exploitation of man by man; Communism is the exact opposite.
Coluche, "Les syndicats et le délégué," Coluche : l'intégrale, vol. 3, "1989 chez Carrère".
Economics
Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.
Janet Yellen, in "The Hand on the Lever" in The New Yorker (July 21, 2014) by Nicholas Lemann
Economics
In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.
Ronald Coase, The firm, the market and the law (1988) Chapter 6. A remark on "The problem of social cost" (last sentence).
A significant portion of available oil remains unexploited after primary production at drilling sites. Novel technology suitable for use on floating platforms will aid in application of proven methods to release much of the oil trapped in the ground by physical forces.
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