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Economics is a social science that seeks to analyze and describe the production, distribution, and consumption of wealth. The word "economics" is from the Greek nomos" target="_blank" >*, "custom, law," and hence means "household management." "management of the state." An economist is a person using economic concepts and data in the course of employment, or someone who has earned a university degree in the subject.
The classic brief definition of economics, set out by Lionel Robbins in 1932, is "the science which studies human behavior as a relation between scarce means having alternative uses." Briefer yet is "the study of how people seek to satisfy needs and wants." Absent scarcity and alternative uses, there is no economic problem.Economics can also be defined as the study of "The financial aspects of human behaviour."
The subject has two broad branches: microeconomics, where the unit of analysis is the individual agent, such as a household, firm (economics jargon for a "business"), or government department, and macroeconomics, where the unit of analysis is the nation state. Another division of the subject distinguishes positive economics, which seeks to predict and explain economic phenomena, from normative economics, which orders choices and actions by some criterion; such orderings necessarily involve subjective value judgments.
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Mish's Global Economic Trend Analysis: Bloggers' Right to Free ...: ... Challenges Mortgage Blogger'.. http://bit.ly/jhdUg
bloggingtrend (amr ahmed el desouky) Sat, 07 Nov 2009 09:54:00 -0000
Mish's Global Economic Trend Analysis: Bloggers' Right to Free ...: ... Challenges Mortgage Blogger'.. http://bit.ly/jhdUg
The collective noun for bankers? Wunch - as in a wunch of bankers caused the global economic meltdown.
llewminati (Llewellyn Kriel) Sat, 07 Nov 2009 09:52:53 -0000
The collective noun for bankers? Wunch - as in a wunch of bankers caused the global economic meltdown.
A new asset bubble is being formed can lead to worldwide economic implosion (from Roubini) http://bit.ly/488Ful
Kilheure (Kilheure) Sat, 07 Nov 2009 09:52:16 -0000
A new asset bubble is being formed can lead to worldwide economic implosion (from Roubini) http://bit.ly/488Ful
Video: Chevrolet Aveo. Economic pricing and updated style make this...http://tinyurl.com/o2kvmq
ChucksAutoWorld (Chucks Auto World) Sat, 07 Nov 2009 09:51:37 -0000
Video: Chevrolet Aveo. Economic pricing and updated style make this...http://tinyurl.com/o2kvmq
#tech http://bit.ly/1IPQm0 diagram economic cycles
gadgeteria (GadgeteriaDaEsquina) Sat, 07 Nov 2009 09:51:01 -0000
#tech http://bit.ly/1IPQm0 diagram economic cycles
RT @UBCIC: Economic plan divides Quebec's native communities http://ow.ly/A78P #indigenous
funnywhitedog (Jen Rubis) Sat, 07 Nov 2009 09:50:28 -0000
RT @UBCIC: Economic plan divides Quebec's native communities http://ow.ly/A78P #indigenous
Citizens Against Government Waste - A private, non-partisan, non-profit organization representing more than one million members and supporters to eliminate waste, mismanagement, and inefficiency in the US federal government.
Almanac of Policy Issues: Economic Issues - Background information and links on U.S. economic policy.
Meta Description: [ Comprehensive background information and links on U.S. economic issues. ]
Buying Gasoline - Fairness at the Pump - Presents arguments for the elimination of 9/10 cent gasoline pricing and for temperature correction of retail gasoline purchases.
Meta Description: [ This Web Site presents arguments for abandonment of 9/10 cent gasoline pricing and for volume correction for temperature of retail gasoline purchases in Arizona. ]
Campaign for America's Future - Policy research project analyzing critical issues facing American economy, for progressives that focuses on issues of social justice like wages, social security and trade.
Meta Description: [ OurFuture Home page. ]
Grandfather Economic Report by MWHodges - A site comprised of a series of reports on various economic issues, with research is boiled down to the vital facts by an economic expert.
Meta Description: [ Graphic presentation of difficult economic and education issues facing today's young generation compared to prior periods. Home Page ]
No Lottery - Aims to educate people about the dangers of the lottery.
Meta Description: [ Anti gambling Help Fight the gambling and the lottery! Educate the people in
your church about the dangers of the lottery. Here are resources to help you. Ten Myths Vs.
Real Truth ]
OMB Watch - A nonprofit research, educational, and advocacy organization that focuses on budget issues, regulatory policy, nonprofit advocacy, access to government information, and activities at the Office of Management and Budget (OMB).
Meta Description: [ OMB Watch - Promoting Government Accountability ]
United for a Fair Economy (UFE) - UFE raises awareness that concentrated wealth and power has negative effects on society. UFE supports and helps build social movements for greater equality.
Meta Description: [ United for a Fair Economy is a national, independent, nonpartisan, 501(c)(3) non-profit organization. UFE raises awareness that concentrated wealth and power undermine the economy, corrupt democracy, deepen the racial divide, and tear communities apart. We support and help build social movements ... ]
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