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Economics is a social science that seeks to analyze and describe the production, distribution, and consumption of wealth. The word "economics" is from the Greek nomos" target="_blank" >*, "custom, law," and hence means "household management." "management of the state." An economist is a person using economic concepts and data in the course of employment, or someone who has earned a university degree in the subject.

The classic brief definition of economics, set out by Lionel Robbins in 1932, is "the science which studies human behavior as a relation between scarce means having alternative uses." Briefer yet is "the study of how people seek to satisfy needs and wants." Absent scarcity and alternative uses, there is no economic problem.Economics can also be defined as the study of "The financial aspects of human behaviour."

The subject has two broad branches: microeconomics, where the unit of analysis is the individual agent, such as a household, firm (economics jargon for a "business"), or government department, and macroeconomics, where the unit of analysis is the nation state. Another division of the subject distinguishes positive economics, which seeks to predict and explain economic phenomena, from normative economics, which orders choices and actions by some criterion; such orderings necessarily involve subjective value judgments.

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ACCC's 26th National Oncology Economics Conference, Looming Crises in Cancer Care: http://tinyurl.com/yb2z9hg
TheGivingForest (The Giving Forest) Tue, 22 Dec 2009 04:04:57 -0000
ACCC's 26th National Oncology Economics Conference, Looming Crises in Cancer Care: http://tinyurl.com/yb2z9hg
@HappilyEverCH just beginning for the most part. My experience includes high school home economics and playing on moms machine when I was 8
RachelWakefield (Rachel Wakefield) Tue, 22 Dec 2009 04:03:18 -0000
@HappilyEverCH just beginning for the most part. My experience includes high school home economics and playing on moms machine when I was 8
What If I Have A Low Gmat Score Or Undergraduate Gpa?: Having earned his undergraduate degree in Economics and Mat... http://bit.ly/4Eh4DZ
macedoniot (Carolyn Lockwood) Tue, 22 Dec 2009 04:00:08 -0000
What If I Have A Low Gmat Score Or Undergraduate Gpa?: Having earned his undergraduate degree in Economics and Mat... http://bit.ly/4Eh4DZ
@HamiPee lol economics and politics.
Miss_Lore (Abisola A) Tue, 22 Dec 2009 03:59:40 -0000
@HamiPee lol economics and politics.
こんなマシロが好きそうな記事見つけたにゃ。ほめてほめて。「県伝統工芸品に旧今市の杉線香を指定」http://www.shimotsuke.co.jp/news/tochigi/economics/news/20091222/255578" id="
mashiro_neko (株式会社マシロねこ) Tue, 22 Dec 2009 03:59:12 -0000
こんなマシロが好きそうな記事見つけたにゃ。ほめてほめて。「県伝統工芸品に旧今市の杉線香を指定」http://www.shimotsuke.co.jp/news/tochigi/economics/news/20091222/255578" id="
RT @rightsidenews The Growing Movement to Nullify National Health Care | Politics & Economics http://bit.ly/4O5XgN
rightsidenews (rightsidenews) Tue, 22 Dec 2009 03:58:15 -0000
RT @rightsidenews The Growing Movement to Nullify National Health Care | Politics & Economics http://bit.ly/4O5XgN

 
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AP Macroeconomics Review - Provides review material for the AP Macroeconomics Exam in .pdf format.

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In the Mix - Online companion to the PBS special Financial Literacy: On The Money includes resources, activities, information, advice, video clips, and polls.

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iwChameleon Internet Publishing - Publishes free teaching/learning resources plus sources of reference for GCSE Business and Communication Systems and Business Studies.
Meta Description: [ This website contains teacher resources and student revision exercises for GCSE Business and Communication Systems, Business Studies and GNVQ ICT ]

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Museum of American Financial History - Online exhibits and resources chronicling the role of finance and capital markets in American history.

Peanuts and Crackerjacks - Interactive introduction to the economics of pro sports. From the Federal Reserve Bank of Boston. Includes teacher's guide.

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Tax History Project - Information about the history of American taxation, with web-based documentary publications and original research.

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Meta Description: [ themint.org, packed with all kinds of tips about what to do with your money. ]

The Tax Museum - An interactive overview of the history of American revenue policy and politics, with narrative text and multimedia material.

Washingtonpost.com: Business Glossary - Searchable dictionary of more than 1,250 business terms.
Meta Description: [ Browse or search business terms in the online business glossary. Find information on business terms and definitions in the cross-referenced index. ]

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