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Browse: Home / KNOWLEDGE / Economics

Economics

How important is the knowledge of economics in todays management?

marcus k: How important is the knowledge of economics in management? Do I need to go beyond a basic, university economics class to succeed as an executive? How applicable/ practical would my knowledge of economics be if I wanted to be a CEO of a Fortune 500 company (regardless the industry)? Would you say that knowledge of marketing, finance, … [Read more...] about How important is the knowledge of economics in todays management?

economics…?

prettypls,: economics...? why is the demand curve facing a monopolist downward sloping while the demand curve is facing a perfectly competitive firm is horizontal?? Answers and Views: Answer by SilaziusYes. Answer by MJits all about elasticity. With monopolies there are no real substitutes for the good and the consumer will still consume … [Read more...] about economics…?

What is involved in an economics degree?

Heidi: What is involved in an economics degree? I take maths as an a-level which I don't mind- the stats is quite hard to get my head around but it's digestible. Is economics all statistics (like in as level) based? Is it very complex, or is it achievable if you have a fairly mathematical mind? I am very ignorant- I am desperately trying to come … [Read more...] about What is involved in an economics degree?

Why do Kleptocratic supporters of Capitalism want to re-name it “Free-Market” free for who?

bulabate: Why do Kleptocratic supporters of Capitalism want to re-name it "Free-Market" free for who? It would appear to me same game plan with consumers baring the burden of dong all the work & paying all the cost with nowhere to shift their cost & nobody to be their wage-slave. Still a raw deal but, if you had the proper plan of … [Read more...] about Why do Kleptocratic supporters of Capitalism want to re-name it “Free-Market” free for who?

What is the difference between Economics MICRO and MACRO?

Josh D: What is the difference between Economics MICRO and MACRO? I'm looking to dual-enroll next year, and I want to take an economics class and I have two choices which are above. Answers and Views: Answer by Flame ChopMicro Economics is a branch of economics that studies how individuals, households and firms and some states make decisions … [Read more...] about What is the difference between Economics MICRO and MACRO?

What is the difference between economics, business and management in undergraduate programmes ?

Dd D: What is the difference between economics, business and management in undergraduate programmes ? Hi, Different universities offer various undergraduate courses. I am particularly interested in management. I am writing my personal statement I don't want it to look like I want to go to economics instead of management. Hence, my question is : … [Read more...] about What is the difference between economics, business and management in undergraduate programmes ?

How is topology and real analysis applied in economics?

Brian K: How is topology and real analysis applied in economics? How are concepts like compactness and the topology of Euclidean spaces even applicable to economics? I can understand how calculus, linear algebra, and differential equations are useful for economics, but topology and real analysis seem quite abstract to have any useful application. … [Read more...] about How is topology and real analysis applied in economics?

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