Opportunity Costs
One of the most critical concepts in economics is the concept of opportunity costs. It is the most fundamental issue […]
University
Studying Economics in Freiburg
Studying economics in Freiburg is a fascinating experience for both locals and international students from all over the world. In
Teilen mit Ihrem Netzwerk:
What is Econometrics?
Econometrics is part of the economic as a science, which deals with the statistical (empirical) modelling of economic theories (hypotheses) in order to explain, confirm or disprove economic theory empirically.
Teilen mit Ihrem Netzwerk:
The Technique of Scientific Writing in Economics
Since I started training individual students from several economic faculties in German Universities about the technique of scientific writing, they
Teilen mit Ihrem Netzwerk:
What is Economics?
Economics is a social and behavioral science, focusing on decision-makers’ actions in the face of various restrictions and social interactions. It covers microeconomic and macroeconomic levels and governmental policy. This discipline explains rational and irrational behaviors, incorporating principles of maximum output from fixed resources and minimum input for pre-defined outcomes. The study of economics involves sectors such as households, businesses, and government, all making decisions within a defined economy.
You must be logged in to post a comment.