Clausthal-Zellerfeld, Germany

Economics

Wirtschaftswissenschaften

Table of contents
Economics study

Economics at Clausthal University of Technology

Language: German Studies in German
Subject area: economy and administration
University website: www.tu-clausthal.de
degree: Dr.-Ing.
Dr. rer. pol.

Definitions and quotes

Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics
Capitalism is the exploitation of man by man; Communism is the exact opposite.
Coluche, "Les syndicats et le délégué," Coluche : l'intégrale, vol. 3, "1989 chez Carrère".
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
In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.
Ronald Coase, The firm, the market and the law (1988) Chapter 6. A remark on "The problem of social cost" (last sentence).
Like all ecosystems on Earth supporting animal and plant life, aquatic ecosystems need oxygen. However, oxygen availability in these systems is threatened by global warming and excessive input of nutrients such as from agriculture and wastewaters, known as eutrophication.
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