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Moscow, Russia

Российский университет дружбы народов

Economics

Экономика

Language: Russian Studies in Russian

Subject area: economy and administration

University website: www.rudn.ru

Economics

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

Wikipedia

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.

Wikiquote

Economics

Economics is not simply a topic on which to express opinions or vent emotions. It is a systematic study of what happens when you do specific things in specific ways. In economic analysis, the methods used by a Marxist economist like Oskar Lange did not differ in any fundamental way from the methods used by a conservative economist like Milton Friedman.

Thomas Sowell, Ch. 1 What is Economics? in Basic Economics

Wikiquote

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

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