BNET Business Dictionary
Business Definition for: Economics
- the study of the consumption, distribution, and production of wealth in a society
Wiktionary Definition for: Economics
- cattag Social sciences the study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production
Additional Resources
- Behavioral Economics and Health Economics
- The health sector is filled with institutions and decision-making circumstances that create friction in markets and cognitive errors by decision makers. This paper examines the potential contributions to health economics of the ideas of behavioral economics. The discussion presented here focuses on the economics of doctor-patient interactions and some aspects...
- White papers 2004-10-01
- The Economics of International Trade and the Environment
- Batabyal, Amitrajeet A., and Hamid Beladi. The Economics of International Trade and the Environment. Boca Raton: Lewis Publishers, 2000,331 pp., $69.95. This book is a collection of diverse articles dealing with topics on the interface of international and environmental economics. The field of environmental economics has developed independently and...
- Research articles 2003-02-01
- Personnel Economics: An Economic Approach to Human Resource Management
- The theoretical idea of personnel economics is to apply simple economic principles to the field of human resources management. Personnel economics as a research field has grown rapidly since the first text book on "Personnel Economics" was published in 1998. The development is driven by new theoretical insights based on...
- White papers 2004-04-23
- Forecasters are decidedly upbeat on '96. (1996 Economic Outlook from Cahners Economics Div.)
- "Cahners Economics sees yet another year of solid growth for the U.S. economy during 1996," begins the 1996 Economic Outlook report from in-house forecasters at Cahners Economics CE. "Although the road ahead isn't clear of obstacles, "Cahners Economics sees yet another year of solid growth for...
- Research articles 1995-12-14
- Stronger growth ahead for economy in '93-94. (prediction by Cahners Economics)
- Editor's note: Every year, at this time, we sit down with the top experts at Cahners Economics and ask: Where's the U.S. economy headed? James Haughey, vice president, economics and research, and Kris Bledowski, senior economist, answer with their Editor's note: Every year,...
- Research articles 1993-01-01
- Running economics down: fact and fantasy in the presentation of economists in the media
- This paper surveys the denigration of economics and economists in the media and evaluates the truthfulness of the media's principal assertions. It seeks to answer the following questions: a why is economics denigrated in the media ? b why are economists silent in the face of such denigration? and c...
- Research articles 2004-03-01
- Vanderbilt Plans Groundbreaking Ph.D. in Law and Economics; Brings in Harvard Professors Viscusi, Hersch to Lead Program.
- Byline: Vanderbilt University NASHVILLE, Tenn., Jan. 24 AScribe Newswire -- W. Kip Viscusi and Joni Hersch, law and economics scholars at Harvard Law School, will join the Vanderbilt University faculty later this year as the law school launches the first program of its kind...
- Research articles 2006-01-24
- Hidden Flaws in Strategy: Can Insights From Behavioral Economics Explain Why Good Executives Back Bad Strategies?
- Insights from behavioral economics have been used to explain bad decision making in the business world, 2 and bad investment decision making in particular. Some private equity firms have successfully remodeled their investment processes to counteract the biases predicted by behavioral economics. This article aims to help rectify the omission...
- White papers
- Insights From Experimental Economics For Market Regulation
- The authors have presented selected results in experimental economics with relevance for market regulation and derive from them concrete insights that could be interesting for regulating authorities. For those readers that are new to experimental economics, the purposes and advantages of economic experiments are discussed and the experimental double-auction market...
- White papers 2004-05-26
- Irrational Economics
- Irrational EconomicsPredictably Irrational is phenomenalI stumbled across Dan's book a few weeks ago and was fascinated by it. It's a phenomenal look at the ways and reasons that competent intelligent people do insensible things.If you get a chance, pick it up. The lessons involved aren't just about economics, but cover...
- Discussion threads 2008-03-21
- Hyde Park corner; Economics in Chicago.(The Chicago School: How the University of Chicago Assembled the Thinkers Who Revolutionized Economics and Business)(Book review)
- THE field Johan Van Overtveldt chose to till sounds unpromising: the history of a single discipline at a single university. But when the discipline is economics and the place is the University of Chicago, the soil is rich indeed. Mr Van Overtveldt co THE field Johan...
- Research articles 2007-06-23
- Cahners Economics forecast: upturn in '90. (interview)
- Cahners Economics forecast: upturn in '90 The U.S. economy experienced a mild slowdown last year, notes James Haughey, vice president, economics and research, Cahners Publishing. But he expects a modest recovery this year. How "modest?" Cahners Economics is forecasting...
- Research articles 1990-01-01
- Foreign GTAs can be effective teachers of economics.(graduate teaching associates)(Statistical Data Included)
- Abstract: The authors assess the impact of foreign graduate teaching associates GTAs on undergraduate economics instruction where the standard language for the majority of students is English. They find little evidence that foreign GTAs adversely affect grades in economics principles courses or students' choices of additional...
- Research articles 2002-09-22
- Promoting Active-Student Learning Using the World Wide Web in Economics Courses.
- For students experiencing the study of economics for the first time, lecture format teaching practices may not be a practical technique for teaching students cognitive skills and motivating students to become professionally involved in the discipline. Some economics instructors believe active and collaborative learning exercises and the use of the...
- Research articles 1999-06-22
- Estimating the Cost to Consumers of the U.S. Sugar Quota: An Exercise for Introductory Economics Classes.
- A college economics professor discusses a method by which he teaches introductory economics students concepts relating to international trade. The professor creates an exercise regarding the US sugar trade using information from the Wall Street Journal, the New York Times and the Statistical Abstract of the United States. As...
- Research articles 1997-03-22
- BCS, as always, is about economics
- I am the economics professor/intramural director at Crowley's Ridge College no football team in Arkansas. The intramural director in me wants to tell the NCAA to let me take over the D-I football mess so I can fix the problem. The economics professor in me understands why a playoff system...
- Research articles 2004-11-30
- Managerial Economics: Strategy for Profit. - book reviews
- Managerial Economics: Strategy for ProfitThe main difficulty for most authors in writing textbooks on managerial economics has always been to find the right balance between microeconomic theory and applied concepts related to business economics. The expositions have tended either to concentrate on theorems and formulas, a la Henderson and Quandt...
- Research articles 1990-07-01
- Economics is Everywhere, 2d ed
- HB172 2005-041452 0-07-298260-8 Economics is everywhere, 2d ed. Hamermesh, Daniel S. McGraw-Hill Irwin, [c]2005 252 p. $13.12 pa Hamermesh (economics, U. of Texas at Austin) presents 400 vignettes inspired by everyday events from news articles, films, family, and popular culture. These vignettes...
- Research articles 2005-08-01
- William J. Spillman and the Birth of Agricultural Economics
- William J. Spillman and the Birth of Agricultural Economics. By Laurie Winn Carlson. Columbia: University of Missouri Press, 2005. 210 pp. Illustrations, appendices, bibliography, index. $39.95. Agricultural economics is a field that holds great potential for scholars interested in the environmental effects of agriculture. As Henry C. Taylor defined it...
- Research articles 2006-04-01
- The Chicago School; how the University of Chicago assembled the thinkers who revolutionized economics and business
- The Chicago School; how the University of Chicago assembled the thinkers who revolutionized economics and business. Overtveldt, Johan van. Agate Publishing 2007 432 pages $35.00 Hardcover HB98 For better or worse, the influence of Milton Friedman and the rest of the Chicago...
- Research articles 2007-05-01
