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Vienna University of Economics and Business Administration

Economics and Social Sciences

Wirtschafts- und Sozialwissenschaften

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Economics and Social Sciences at Vienna University of Economics and Business Administration »
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⇑Economics and Social Sciences at Vienna University of Economics and Business Administration

Language: German Studies in German

Subject area: social

University website: www.wu.ac.at

Doctor of Philosophy, PhD
6 Semester
180 ECTS

⇑Definitions and quotes

Economics

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

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Social

Living organisms including humans are social when they live collectively in interacting populations, whether they are aware of it, and whether the interaction is voluntary or involuntary.

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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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Economics

How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.

Jeremy Bentham, "A Critical Examination of the Declaration of Rights; Article II" in The Works of Jeremy Bentham, Vol. II (1839), p. 503.

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Economics

Economics is, in essence, the study of poverty.

Ronald Max Hartwell, The Long Debate on Poverty (1972), p. 3

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