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Which statement would best complete a short definition of economics ''Economics is the study of .........''?
Wiki User
∙ 11y ago
The efficient use of scarce productive resources.
Wiki User
∙ 11y ago
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Write a complete definition for the term economics?
Activities related to the production and distribution of goods and services in a particular geographic region.
What is the origin development of mathematical economics?
I cannot quite understand your eaning of "origin". If you mean the first one in history of economics to had done mathematical analysis, it was ricardo when he was working on his incomplete theory of labour. But the first one to have done complete mathematical deuction was Thuen(not sure if I have spelled that wrong" a Gernman. Please correct me if I have said anything wrong.
What wouldn we not have without economics?
Without economics you could satisfy your needs like food, water, clothing and shelter only. But the enormous demand created by every individual today is the soul existence of economics. If these wants were never created in history then economics would not have played a major role. With the evolution of mankind, certain intellectual guys practiced the 'guy with the hammer syndrome'. They brought into existence(with good intentions) a methodology to bridge the gap between scarcity(supply) and requirement(demand) in the most efficient manner. They had the hammer and thus shaped the thinking of the rest of the world. If they had a complete tool kit, maybe then they would've encouraged every person/country to be self-sufficient with their resources, rather can creating a demand for more. Technology advances and more breakthroughs in every field plays an equal role for creation of demand. If mankind is satisfied with what they already have then economics can take a back seat. There probably would be lesser gap between the rich and the poor and more peace in the world if we weren't greedy.
What is also known as a CD from economics?
Certificate of Deposit, a deposit at a financial institution that offers a higher interest rate than their usual accounts but requiring a commitment of a defined period of time. Withdrawal before this time is complete will impose a penalty. Thus a CD is a nonliquid investment.
What are the career prospects after MA economics?
After completing MA in economics, first of all you decide which type of career you want. suppose , if want to ba a teacher (may be for school or college) you can try for it, you can send your CV in different school or for college you can take part NET and SLET[i.e, national elegibility test and state level elegibility test.INDIA].if you qualify in NET , then you can try fof Phd also. If you interested in banking sector then you can try youself in different banking examination. You can also participate in different central govt. examination for govt. services, e.g reserve banke of India, state bank of India etc. If you have some time to continue your education it is better to you complete a MBA. I hope it will help you.
Write a complete definition for the term economics?
Activities related to the production and distribution of goods and services in a particular geographic region.
Can economics make you aroused?
Only if you were a complete pervert.
What has the author Dominic McQuillan written?
Dominic McQuillan has written: 'Complete commerce' 'Economics today'
What level of education did trump complete?
He graduated in 1968 with a Bachelor of Science in Economics and concentration in finance.
What level of education did Donal Trump complete?
He graduated in 1968 with a Bachelor of Science in economics and concentration in finance.
What is the definition of an answer?
An 'answer' is a statement that provides a complete solution to a 'question'.
What has the author Carlo Bosellini written?
Carlo Bosellini has written: 'Opere complete' -- subject(s): Economics, Wealth
What has the author YEW-KWANG NG written?
YEW-KWANG NG has written: 'WELFARE ECONOMICS: TOWARDS A MORE COMPLETE ANALYSIS'
What has the author James D Thexton written?
James D. Thexton has written several books, including "Illusions of Democracy" and "Shattered Hearts: The Complete Series". He is known for his contemporary romance and political thriller novels.
Uses of computers in economics?
The most frequent use of computers in economics and the most workload is "data processing and calculation". In the department of economic statistics, every year for digital data statistical work, this is the government and enterprises in order to grasp the good economic situation do the decision, but sometimes need to be very cumbersome joint linear equations and a large number of matrix calculation, these are all need computer to complete, artificial cannot complete. The actual shape of curves in economics comes mainly from the careful analysis of data, which in turn requires the application of knowledge from databases and data warehouses in computer science.
What is the origin development of mathematical economics?
I cannot quite understand your eaning of "origin". If you mean the first one in history of economics to had done mathematical analysis, it was ricardo when he was working on his incomplete theory of labour. But the first one to have done complete mathematical deuction was Thuen(not sure if I have spelled that wrong" a Gernman. Please correct me if I have said anything wrong.
What is leisure class?
In culture, economics and society it might imply inherited wealth, in academics it is considered to be a course of study requiring little or no effort to complete, in boating it is a weekend craft.
