Economics: Difference between revisions

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{{Q|'''Economics''' is the [[w:Social sciences|social science]] that analyzes the [[w:Production theory basics|production]], [[w:Distribution (economics)|distribution]], and [[w:Consumption (economics)|consumption]] of [[w:Good (economics and accounting)|goods]] and [[w:Service (economics)|services]].
<big>'''This page has permanently moved to the [https://develop.consumerium.org/wiki/User:Jukeboksi/BBA_studies/Economics Consumerium.org development wiki]'''</big>
|Wikipedia|[[w:economics|economics]]}}


{{Q|'''Business economics''' is a field in [[w:applied economics|applied economics]] which uses [[w:economic theory|economic theory]] and quantitative methods to analyze [[w:Business|business enterprises]] and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, [[w:Capital (economics)|capital]] and product markets.|Wikipedia|[[w:business economics|business economics]]}}


{{Q|'''Taloustiede''' on [[w:fi:yhteiskuntatiede|yhteiskuntatiede]], joka tutkii lähinnä [[w:fi:Talous|taloudellisia]] päätöksiä tekevien toimijoiden kannustimia ja käyttäytymistä, sekä niiden perusoletuksista johdettuilla malleilla ja teorioilla erilaisia taloudellisia ilmiöitä. Tavallisia tutkimuksen kohteita ovat [[w:fi:Hyödyke|hyödykkeiden]] kulutus, tuotanto ja allokointi, [[w:fi:Markkinat (taloustiede)|markkinoiden]] toiminta sekä aina kokonaistalouteen liittyvät kysymykset kuten [[w:fi:talouskasvu|talouskasvu]] ja [[w:fi:inflaatio|inflaatio]]. Suomeksi taloustiedettä sanotaan myös [[w:fi:Kansantaloustiede|kansantaloustieteeksi]] erotuksena [[w:fi:Liiketaloustiede|liiketaloustieteestä]].  
* '''''[[w:Economics|Economics]]''' is the [[w:Social sciences|social science]] that analyzes the [[w:Production theory basics|production]], [[w:Distribution (economics)|distribution]], and [[w:Consumption (economics)|consumption]] of [[w:Good (economics and accounting)|goods]] and [[w:Service (economics)|services]].'' ( Wikipedia )
|Suomenkielinen Wikipedia|[[w:fi:taloustiede|taloustiede]]}}


'''[[w:Outline of economics]]''' is a good introductory text to economics if you don't know what it comprises and what kind of issues it deals with.
* '''''[[w:Business economics|Business economics]]''' is a field in [[w:applied economics|applied economics]] which uses [[w:economic theory|economic theory]] and quantitative methods to analyze [[w:Business|business enterprises]] and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, [[w:Capital (economics)|capital]] and product markets.'' ( Wikipedia )
 
::* '''''[[w:fi:Taloustiede|fi:Taloustiede]]''' on [[w:fi:yhteiskuntatiede|yhteiskuntatiede]], joka tutkii lähinnä [[w:fi:Talous|taloudellisia]] päätöksiä tekevien toimijoiden kannustimia ja käyttäytymistä, sekä niiden perusoletuksista johdettuilla malleilla ja teorioilla erilaisia taloudellisia ilmiöitä. Tavallisia tutkimuksen kohteita ovat [[w:fi:Hyödyke|hyödykkeiden]] kulutus, tuotanto ja allokointi, [[w:fi:Markkinat (taloustiede)|markkinoiden]] toiminta sekä aina kokonaistalouteen liittyvät kysymykset kuten [[w:fi:talouskasvu|talouskasvu]] ja [[w:fi:inflaatio|inflaatio]].'' Suomeksi taloustiedettä sanotaan myös [[w:fi:Kansantaloustiede|kansantaloustieteeksi]] erotuksena [[w:fi:Liiketaloustiede|liiketaloustieteestä]]. ( Suomen kielinen Wikipedia )
* '''[[w:Outline of economics]]''' is a good introductory text to economics if you don't know what it comprises and what kind of issues it deals with.
{{Economic systems sidebar}}
{{Economic systems sidebar}}


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= Year 1=
= Year 1=
= Business Economics =
= Business Economics =
Teacher: Seppo Suominen
Type of course: [[:Category:Mandatory courses in GloBBA|Mandatory course in GloBBA]]
Course code: N/A
Part of: [[:Category:Sustainable Global Environment]] (ECO1LF001)
Course material: ? + Moodle


== Week 43 - Markets, scarcity and decisions ==
== Week 43 - Markets, scarcity and decisions ==
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* [[w:Category:Commerce]] ( [[w:Commerce]] )
* [[w:Category:Commerce]] ( [[w:Commerce]] )


----
[[Category:Mandatory courses in GloBBA]]
[[Category:Sustainable Global Environment]]
 
= Year 2=
= Year 2=
= Global Business Environment =
= Global Business Environment =
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== Week 36 - Classical trade theories ==
== Week 36 - Classical trade theories ==


* {{Q|'''Factors of production''' are the ''inputs'' to the production process. ''Finished goods'' are the ''output''. Input determines the quantity of output i.e. output depends upon input. Input is the starting point and output is the end point of production process and such input-output relationship is called a [[w:production function|production function]]. There are three ''basic'' (AKA classical) factors of production: '''[[w:land|land]], [[w:Labor (economics)|labor]], [[w:Capital (economics)|capital]]'''|Wikipedia|[[w:factors of production|factors of production]]}}
* '''''[[w:Factors of production|Factors of production]]''' are the ''inputs'' to the production process. ''Finished goods'' are the ''output''. Input determines the quantity of output i.e. output depends upon input. Input is the starting point and output is the end point of production process and such input-output relationship is called a [[w:production function|production function]]. There are three ''basic'' (AKA classical) factors of production: '''[[w:land|land]], [[w:Labor (economics)|labor]], [[w:Capital (economics)|capital]]'''''( Wikipedia )


* '''Gross domestic product''' ('''[[w:GDP|GDP]]''') is the [[w:market value|market value]] of all officially recognized final goods and services produced within a country in a given period of time. GDP [[w:per capita|per capita]] is often considered an indicator of a country's [[w:standard of living|standard of living]] ( Wikipedia )
* '''Gross domestic product''' ('''[[w:GDP|GDP]]''') is the [[w:market value|market value]] of all officially recognized final goods and services produced within a country in a given period of time. GDP [[w:per capita|per capita]] is often considered an indicator of a country's [[w:standard of living|standard of living]] ( Wikipedia )
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* '''[[w:Arbitrage|Arbitrage]]''' is the practice of taking advantage of a price difference between two or more [[w:market|market]]s: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the [[w:market price|market price]]s. ( Wikipedia )
* '''[[w:Arbitrage|Arbitrage]]''' is the practice of taking advantage of a price difference between two or more [[w:market|market]]s: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the [[w:market price|market price]]s. ( Wikipedia )


== Week 41 - Exchange rate risk ==
== Week 41 - Exchange rate risk, risk and risk management==
== Week 41 - Risk and risk management ==
== Week 41 - Risk and risk management ==
  '''[[w:Risk|Risk]]''' and '''[[w:risk management|risk management]]'''
  '''[[w:Risk|Risk]]''' and '''[[w:risk management|risk management]]'''


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== Sidebar somewhat broken ==
== Sidebar somewhat broken ==
{{Economics sidebar}}
{{Economics sidebar}}
[[Category:realcontent]]