Portal:Business and economics
Sociology portals: Arts · Anthropology · Community · Culture · Economics · Education · Geography · Gender studies · Globalization · History · Human rights · Internet · Law · Philosophy · Social movements · Social sciences · Social welfare and social work · Society
|
Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found.  In the social sciences, economics is the study of human choice behavior and the methodology used to make associated investment and production decisions; in particular, though not limited to, how those choices and decisions determine the allocation of scarce resources and their effect on production, distribution, and consumption. The word "economics" is from the Greek words οἶκος [oikos], meaning "family, household, estate", and νόμος [nomos], or "custom, law", and hence literally means "household management" or "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. Economics undergraduate courses always cover at least the two main branches:
However, there are also other sub-fields of economics. In economics, economic systems is the study and analysis of organizing production, distribution, consumption and investment and the study of optimal resource allocation and institutional design. Traditionally the study of economic systems was based on a dichotomy between market economies and planned economies, but contemporary studies compare and contrast a number of different variables, such as ownership structure (Public, Private or Collective), economic coordination (planning, markets or mixed), management structure (Hierarchy versus adhocracy), the incentive system, and the level of centralization in decision-making. An economy can be analyzed in terms of its economic sectors, the classic breakdown being into primary, secondary and tertiary. A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange of other goods, services, or money. Businesses may also be not-for-profit or state-owned. Management in business and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization or initiative to accomplish a goal. Management is also an academic discipline, and is traditionally taught at business schools. Economic policy refers to the actions that governments take in the economic field. It covers the systems for setting interest rates and government budget as well as the labor market regulations, national ownership, trade policy, monetary policy, fiscal policy, regulatory policy, anti-trust policy and industrial policy. In economics, sustainable development refers to development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found. Earl William "Madman" Muntz (January 3, 1914 – June 21, 1987) was an American businessman and engineer who sold and promoted cars and consumer electronics in the United States from the 1930s until his death in 1987. He was a pioneer in television commercials with his oddball "Madman" persona – an alter ego who generated publicity with his unusual costumes, stunts, and outrageous claims. Muntz also pioneered car stereos by creating the Muntz Stereo-Pak, better known as the 4-track cartridge, a predecessor to the 8-track cartridge developed by Lear Industries. Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found.
Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found.  The economy of Ohio nominally would be the 25th largest global economy behind Sweden and ahead of Nigeria according to the 2013 World Bank projections, and the 24th largest global economy behind Sweden and ahead of Norway according to the 2013 International Monetary Fund projections. The state had a projected GDP of $526.1 billion in 2013, up from 517.1 in 2012, and up from 501.3 in 2011, according to the Bureau of Economic Analysis. In 2013, Ohio was ranked in the top ten states for best business climate by Site Selection magazine, based on a business-activity database. The state was edged out only by Texas and Nebraska for the 2013 Governor's Cup award from the magazine, based on business growth and economic development. A new report by the Quantitative Economics and Statistics Practices (QUEST) of Ernst & Young in conjunction with the Council On State Taxation (COST), ranks Ohio as third in the nation for friendliest tax environment. Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found. "In civilized society he stands at all times in need of the cooperation and assistance of great multitudes, while his whole life is scarce sufficient to gain the friendship of a few persons. In almost every other race of animals each individual, when it is grown up to maturity, is entirely independent, and in its natural state has occasion for the assistance of no other living creature. But man has almost constant occasion for the help of his brethren, and it is in vain for him to expect it from their benevolence only. He will be more likely to prevail if he can interest their self-love in his favour, and show them that it is for their own advantage to do for him what he requires of them. Whoever offers to another a bargain of any kind, proposes to do this. Give me that which I want, and you shall have this which you want, is the meaning of every such offer; and it is in this manner that we obtain from one another the far greater part of those good offices which we stand in need of. It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages. Nobody but a beggar chuses to depend chiefly upon the benevolence of his fellow-citizens. Even a beggar does not depend upon it entirely. The charity of well-disposed people, indeed, supplies him with the whole fund of his subsistence. But though this principle ultimately provides him with all the necessaries of life which he has occasion for, it neither does nor can provide him with them as he has occasion for them. The greater part of his occasional wants are supplied in the same manner as those of other people, by treaty, by barter, and by purchase. With the money which one man gives him he purchases food. The old cloaths which another bestows upon him he exchanges for other old cloaths which suit him better, or for lodging, or for food, or for money, with which he can buy either food, cloaths, or lodging, as he has occasion."
Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found. Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found.
Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found. Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found. Wikinews Economy and business portal
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11:31, 01 June, 2016 (UTC) | |||
| 4,948.06 |  |
% |
|
| 2,096.96 |  2.10 |
0.10% |
|
| 14,065.78 | |
% |
|
| 45,459.45 | |
% |
|
| 6,170.96 | 59.83 |
0.96% |
|
| 10,171.27 | 91.47 |
0.89% |
|
| 4,464.47 | 41.15 |
0.91% |
|
| 8,177.97 | 38.45 |
0.47% |
|
| 444.72 | 3.15 |
0.70% |
|
| 3,492.55 | 21.51 |
0.61% |
|
| 8,910.50 | 123.50 |
1.37% |
|
| 5,395.17 | 52.63 |
0.97% |
|
| 16,955.73 | 279.25 |
1.62% |
|
| 20,760.98 | 54.11 |
0.26% |
|
| 2,914.21 | 2.41 |
0.08% |
|
Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found. December 25:
- 1870 - Helena Rubinstein, cosmetics entrepreneur, founder of Helena Rubinstein, Incorporated, was born on this day.
Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found.
- ...that in economics, the monetary base is defined as the portion of the commercial banks' reserves that are maintained in accounts with their central bank plus the total currency circulating in the public?
- ...that in the United States of America the largest reserve requirement for commercial banks is 10% of liabilities?
- ...that the United States Federal Reserve System uses six monetary aggregates as components of the money supply?
- ...that an open market operation is an activity by a central bank to buy or sell government bonds on the open market?
- ...that, although nominal USA national debt has been steadily increasing since 1940, Debt-to-GDP ratio was actually higher during WWII than it is now?
- ... that the United States debt ceiling has been steadily raised since 1981?
- ... the Federal Reserve owns the largest share of the USA national debt?
- ...the term petrodollars was coined by Ibrahim Oweiss to describe dollars that did not circulate inside the United States, and therefore were not part of the normal money supply, and instead were received by petroleum exporting countries (OPEC) in exchange for oil?
Lua error in package.lua at line 80: module 'Module:Box-header/colours' not found.
|
|
|
