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Brno, Czech Republic

Masaryk University

Economics

Language: English Studies in English

Subject area: economy and administration

University website: www.muni.cz/

Years of study: 4

Economics

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

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Economics

Magnum vectigal est parsimonia.

Economy is a great revenue.

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Economics

Economics is, in essence, the study of poverty.

Ronald Max Hartwell, The Long Debate on Poverty (1972), p. 3

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Economics

Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.

Joseph Schumpeter, History of Economic Analysis, 1945. p. 27

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Physical sciences, Earth sciences

More oil from deep-sea reservoirs

A significant portion of available oil remains unexploited after primary production at drilling sites. Novel technology suitable for use on floating platforms will aid in application of proven methods to release much of the oil trapped in the ground by physical forces.

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