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Browse: Home / KNOWLEDGE / Economics

Economics

What is the importance of understanding economics?

Harley Olustee: What is the importance of understanding economics? I'm taking economics and we have an essay on the subject. They said to have at least one paragraph on what we could find on the internet. I figured this counted. Answers and Views: Answer by ChocolateCoveredGoodnessThe country can make better decisions if it understands … [Read more...] about What is the importance of understanding economics?

Which is a better minor to complement an economics major joining the finance industry?

David N: Which is a better minor to complement an economics major joining the finance industry? Hello everyone. I'm a student at Rutgers University and I'm planning on majoring in economics and becoming a Financial Analyst or Investment Banker. Which is the better minor to aid me in my career: Psychology or Political Science? Thank you in … [Read more...] about Which is a better minor to complement an economics major joining the finance industry?

What exactly does elasticity in economics mean?

webelieve04: What exactly does elasticity in economics mean? I keep having to do questions on elasticity and inelasticity for my economics class (such as demand elasticity) and I can't quite understand what it means. Answers and Views: Answer by zor_svExy - the % that y will change when x modifies Exy = y1-y0/y0 / x1-x0/x0 1 - … [Read more...] about What exactly does elasticity in economics mean?

What university is best for business and economics careers?

: What university is best for business and economics? I am an IB student planning to study in a US college.After having a BA degree in the US I would like to pursue a MA study in finance and banking. My questions: 1- is a BA degree in economics good enough for being accepted for an MA program in finance? 2-if yes, which universities are good for a … [Read more...] about What university is best for business and economics careers?

What is the main reason for government taxation and spending?

pengpxiong: What is the main reason for government taxation and spending? What is the main reason for government taxation and spending? Answers and Views: Answer by Sonnyto keep us down Answer by romeloto enslave usAnswer by SusieThe main idea behind taxation is that everyone contributes a portion of their income toward common expenses. … [Read more...] about What is the main reason for government taxation and spending?

What is the difference between federal government purchases (spending) and federal government expenditures?

: What is the difference between federal government purchases (spending) and federal government expenditures? Which of the following is the correct answer, and why? A. Government expenditures are included in government purchases. B. Government purchases are included in government expenditures. C. Government purchases refer to spending for which … [Read more...] about What is the difference between federal government purchases (spending) and federal government expenditures?

Can someone please explain what makes the “free” market “free”?

Left Winger: Can someone please explain what makes the "free" market "free"? when historically non-whites were prevented from participating in this "free" market? Moreover, non-whites were enslaved and exploited so this "free" market could prosper. Capitalism grew DIRECTLY out of Europe's GREED and the desire to CONTROL ALL of the world's TRADE. … [Read more...] about Can someone please explain what makes the “free” market “free”?

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