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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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An Alpine Melody in Slovenia: A Perfect Nature Tour: âThe current economic challenges constitute a strategic opportunity http://url4.eu/wPSq
CSR_ticker (Freie Mediale S.) Wed, 16 Dec 2009 07:14:37 -0000
An Alpine Melody in Slovenia: A Perfect Nature Tour: “The current economic challenges constitute a strategic opportunity http://url4.eu/wPSq
Firm crude $oil on a stronger-than-anticipated global economic growth OPEC (particularly from India and China) and... http://bit.ly/4wx7Sb
InfoTrade_FX (Infotrade FX) Wed, 16 Dec 2009 07:13:31 -0000
Firm crude $oil on a stronger-than-anticipated global economic growth OPEC (particularly from India and China) and... http://bit.ly/4wx7Sb
Wave power plans for the Shetlands: "Investment in renewable energy driving Scotland's economic recoveryâ ->http://bit.ly/4IyDR3
Salmoskius (Bertrand Charron) Wed, 16 Dec 2009 07:13:15 -0000
Wave power plans for the Shetlands: "Investment in renewable energy driving Scotland's economic recovery” ->http://bit.ly/4IyDR3
Fed May Raise US Economic Assessment, Affirm Near-Zero Rates: âIt will take extraordinary growth for three year.. http://trim.li/nk/Mjz
homewealthteam (Home Wealth) Wed, 16 Dec 2009 07:13:09 -0000
Fed May Raise US Economic Assessment, Affirm Near-Zero Rates: “It will take extraordinary growth for three year.. http://trim.li/nk/Mjz
RT @AlinskyDefeater: You Libs will NOT destroy R country and rob us of the greatest economic power in history You will be stopped #tcot #p2
aurich109 (aurich109) Wed, 16 Dec 2009 07:12:38 -0000
RT @AlinskyDefeater: You Libs will NOT destroy R country and rob us of the greatest economic power in history You will be stopped #tcot #p2
Exchange 12-16 Economic Calendar http://bit.ly/6hLNoI Exchange
ezzhelmy (ezzhelmy) Wed, 16 Dec 2009 07:12:28 -0000
Exchange 12-16 Economic Calendar http://bit.ly/6hLNoI Exchange
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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