Mainz, Germany

Business and Economics

Wirtschaftswissenschaften

Language: German Studies in German
Subject area: economy and administration
University website: www.uni-mainz.de
degree: Dr. rer. pol.
Business
Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Business
Despatch is the soul of business.
Philip Dormer Stanhope, 4th Earl of Chesterfield (1694-1773). Letter, 5 February 1750.
Economics
Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.
Janet Yellen, in "The Hand on the Lever" in The New Yorker (July 21, 2014) by Nicholas Lemann
Economics
Give not Saint Peter so much, to leave Saint Paul nothing.
George Herbert, Jacula Prudentum (1651). Reported in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 216.
In June 1770, the explorer James Cook ran aground on the Great Barrier Reef in Australia and became the first European to experience the world's largest coral reef, today a paradise for scientists and holidaymakers alike. Last year, the James Cook research vessel set out to encounter unique and unexplored corals, this time in the deep ocean. Led by ERC grantee Dr Laura Robinson (University of Bristol, UK), the team on board crossed the equatorial Atlantic to take samples of deep-sea corals, reaching depths of thousands of meters. On the expedition, Dr Robinson collected samples that are shedding light on past climate changes and she will share her findings at TEDx Brussels.
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