Yekaterinburg, Russia

Economics, Mathematical and Instrumental Methods of Economics

Language: English Studies in English
Subject area: economy and administration
University website: urfu.ru/en/
3 years
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Instrumental
An instrumental is a musical composition or recording without lyrics, or singing, although it might include some inarticulate vocals, such as shouted backup vocals in a Big Band setting. The word "song" is widely misused by people in the popular music industry to describe any musical composition, whether sung or played only by instruments."The music is primarily or exclusively produced by musical instruments. An instrumental can exist in music notation, after it is written by a composer; in the mind of the composer (especially in cases where the composer himself will perform the piece, as in the case of a blues solo guitarist or a folk music fiddle player); as a piece that is performed live by a single instrumentalist or a musical ensemble, which could range in size from a duo or trio to a large Big Band, concert band or orchestra.
Economics
Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.
Franklin Delano Roosevelt, request to Congress to effect drastic economies in the government (March 10, 1933); in The Public Papers and Addresses of Franklin D. Roosevelt, 1933 (1938), p. 50.
Economics
Mit dem Jahr 1830 trat die ein für allemal entscheidende Krise ein. Die Bourgeoisie hatte in Frankreich und England politische Macht erobert. Von da an gewann der Klassenkampf, praktisch und theoretisch, mehr und mehr ausgesprochne und drohende Formen. Er läutete die Totenglocke der wissenschaftlichen bürgerlichen Ökonomie. Es handelte sich jetzt nicht mehr darum, ob dies oder jenes Theorem wahr sei, sondern ob es dem Kapital nützlich oder schädlich, bequem oder unbequem, ob polizeiwidrig oder nicht. An die Stelle uneigennütziger Forschung trat bezahlte Klopffechterei, an die Stelle unbefangner wissenschaftlicher Untersuchung das böse Gewissen und die schlechte Absicht der Apologetik.
With the year 1830 came the decisive crisis. In France and in England the bourgeoise had conquered political power. Thenceforth, the class-struggle, practically as well as theoretically, took on more and more outspoken and threatening forms. It sounded the death knell of scientific bourgeois economy. It was no longer a question, whether this theorem or that was true, but whether it was useful to capital or harmful, expedient or inexpedient, politically dangerous or not. In place of disinterested enquirers, there were hired prize-fighters; in place of genuine scientific research, the bad consequence and the evil intent of apologetic. Karl Marx, Capital, Postscript to the Second Edition Karl Marx, Capital, Postscript to the Second Edition
Economics
Men did not make the earth. ... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds.
Thomas Paine, Agrarian Justice (1795–1796).
European engineers have developed a self-regulating reversible inflow control device (ICD) to maximise oil production and shut off unwanted water and gas from production wells.
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