Prague, Czech Republic

Economics and Finance

Language: English Studies in English

Subject area: economy and administration

University website: www.cuni.cz

Years of study: 4

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

Wikipedia

Finance

Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.

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Economics

To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.

C. Wright Mills, The New Men of Power (1948).

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Finance

Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." [...] The public owners seem to have abdicated all claim to control over the paid superintendents of their property.

Benjamin Graham, World Commodities and World Currencies (1944)

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Economics

The blunt truth about the politics of climate change is that no country will want to sacrifice its economy in order to meet this challenge.

Tony Blair, address to the 2005 G8 climate change summit in London, as reported by David Adam, "Blair signals shift over climate change", The Guardian, 1 November 2005.

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Physical sciences, Earth sciences

Novel techniques for recycling plastic food-packaging waste

An EU initiative developed a new process to recycle plastic waste for food packaging. This resource enables industry to conform to European Commission regulations on recycled plastic materials and parts intended to come into contact with foods.

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