London, United Kingdom

Economics

Language: English Studies in English
Subject area: economy and administration
University website: www.qmul.ac.uk
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
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
Economics
The blunt truth about the politics of climate change is that no country will want to sacrifice its economy in order to meet this challenge.
Tony Blair, address to the 2005 G8 climate change summit in London, as reported by David Adam, "Blair signals shift over climate change", The Guardian, 1 November 2005.
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
As renewable energy production continues to grow, EU researchers are investigating how to integrate it into the power distribution grid without affecting reliability or the quality of supply.
Privacy Policy