Portal:Business and economics

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edit   The Business and economics Portal Shortcut: P:BEP In the social sciences, economics is the study of human choice behavior and the methodology used in making production decisions; in particular, though not limited to, how those choices and decisions determine the allocation of scarce resources and their effect on production, distribution, and consumption. Economics studies how individuals and societies seek to satisfy needs and wants through incentives, choices, and allocations within a given set of resource constraints. Alfred Marshall in the late 19th century informally described economics as "the study of man in the ordinary business of life." To restate it Economics is the study of how societies allocate scarce resources amongst unlimited demand. I believe in this definition completely because this definition unlike most include clean drinking water a part of economics because it is a scarce resource. There are many more unconventional examples that should be a part of the definition that are excluded when you specifically define it the way so many people define it. The word "economics" is from the Greek words οἶκος [oikos], meaning "family, household, estate," and νόμος [nomos], or "custom, law," and hence literally means "household management" or "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 field may be divided in several different ways, most popularly microeconomics (at the level of individual choices) vs. macroeconomics (aggregate results), but also descriptive vs. normative, mainstream vs. heterodox, and by subfield such as econometrics which involves the statistical and mathematical representation of the subject. All of these ways of considering the subject imply a series of assumptions have been made and that a model has been envisaged, either in the minds of the economists or in fact by means of equations, diagrams, matrices, electrical mechanical or hydraulic analogies, etc. Economics has many direct applications in business, personal finance, and government. Theories and empirical techniques developed as a part of economics have, given that economics is fundamentally about human decision making, been applied to non-monetary choices in fields as diverse as criminal behavior, scientific research, death, politics, health, education, family, dating, etc. In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate revenue and to increase the wealth of the business's owners. ...More about business More about economics... edit   Selected article Portal:Business and economics/Selected article/November 2011 edit   Selected picture Portal:Business and economics/Selected picture/November 2011 edit   Selected economy Portal:Business and economics/Selected economy/November 2011 edit   Related WikiProjects Accountancy · Business · Companies · Cooperatives · Deletion sorting · Economics · Finance · Game theory · International development · Investment · Numismatics · Private Equity · Retailing · Shopping Centers · Taxation · Trade edit   Categories [−] Business [+] Business families [×] Business and economics portal [+] Accountancy [+] Administration [×] Business analysis [+] Business and industry awards [+] Categories named after businesspeople [+] Central business districts [+] Commerce [+] Companies [×] Business conferences [+] Consumer behaviour [+] Business continuity and disaster recovery [+] Business documents [+] Business economics [+] Business education [+] Entrepreneurship [+] Business ethics [+] Business failures [+] Family businesses [+] Business films [+] Finance [+] Globalization [+] High-technology business districts [+] Industrial relations [+] Industry [+] Business intelligence [+] International business [+] Business law [×] Lean concepts [×] Business libraries [+] Business lists [+] Management [+] Marketing [+] Business-related media [+] Mergers and acquisitions [+] Business models [+] Office work [+] Operations research [+] Business opportunities [+] Business organizations [+] Businesspeople [+] Business planning [+] Pricing [+] Business process [+] Procurement [+] Promotion and marketing communications [×] Business qualifications [×] Business and industry records [+] Sales [+] Science parks [+] Small business [+] Business software [+] Sports business [+] Business taxes [+] Business terms [+] Business timelines [+] Trade [+] Business of visual arts [+] Wikipedia books on business [+] Business stubs [−] Economics [+] Economics by year [+] Agricultural economics [+] Business economics [+] Econometrics [+] Economic development, technological change, and growth [+] Economic regions [×] Economics theorems [+] Environmental economics [+] Financial economics [+] General economics [+] Economic history [+] History of economic thought, methodology, and heterodox approaches [+] Industrial organization [+] International economics [+] Labor and demographic economics [+] Law and economics [+] Economics lists [+] Macroeconomics and monetary economics [+] Mathematical and quantitative methods (economics) [+] Mathematical economics [+] Microeconomics [+] Other special topics (economics) [+] Economic policy [+] Economic problems [+] Economics profession and organizations [+] Resource economics [+] Sustainable development [+] Economic systems [+] Economics terminology [+] Urban, rural, and regional economics [+] Works about economics [+] Economics and finance stubs edit   Business news Wikinews Economy and business portal November 19: EU increases 2012 budget by two per cent November 4: Diamonds: Anglo American to pay US$5.1 billion for 40% of De Beers November 2: Google Street View comes indoors October 30: Qantas grounds all flights in labour dispute October 21: Greek lawmakers pass new austerity law despite violent protests October 6: Apple Inc. co-founder Steve Jobs dies aged 56 September 23: NSW Supreme Court upholds non-publication order for lawsuit filed against Australia's richest person September 15: Australia's Channel Seven breaches children TV standards regulations by broadcasting McDonald's advertisement August 25: Apple executive Steve Jobs resigns August 16: Japan to use renewable energy ...2009 in economics Read more… edit   Market indices Data taken from Yahoo! Finance as of 23:06, 22 November 2011 (UTC) Index (USA) Last Change DJIA (USA) 0.00 NYSE (USA) 0.00 NASDAQ (USA) 2521.28 1.86 S&P 500 (USA) 1188.04 4.94 AMEX (USA) 2178.186 9.68 Index (World) Last Change iBovespa (Brazil) 0.00 CAC 40 (France) 0.00 DAX (Germany) 0.00 Hang Seng (HK) 18251.59 25.74 BSE Sensex (India) 16065.42 0.00 Nikkei 225 (Japan) 8314.74 33.53 IPC (Mexico) 35969.609 141.07 FTSE (UK) 0.00 edit   Did you know... Portal:Business and economics/Did you know/November 2011 edit   Selected quote Portal:Business and economics/Selected quote/November 2011 edit   Topics Business: Accountancy · Actuarial science · Administration · Business continuity planning · Business development · Business ethics · Business intelligence · Business model · Business process · Businesspeople · Commerce · Commercial law · Companies · Companies law · Consumer behaviour · Corporate crime · Electronic commerce · Entrepreneurship · Family business · Fictional companies · Finance · Globalization · Industry · Information technology management · Insurance · Internal communications · International business · International trade · Logistics · Management · Marketing · Mergers and acquisitions · Operations research · Organizational studies · Public relations · Retailing · Sales Economics: Agricultural economics · Econometrics · Economic development · Economic growth · Economic history · Economic policy · Economic system · Economist · Environmental economics · Financial economics · Industrial organization · Inflation · International economics · Law and economics · Microeconomics · Natural resource economics · Political economy · Public economics · Schools of economic thought · Technological change · Wage labour Lists: Accounting · Business · Business ethics, political economy, and philosophy of business · Business law · Business management · Business theorists · Economics · Economists · Finance · Human resource management · Important publications · Industrial organization · Information technology management · International trade · Management · Marketing · Occupations · Production · Project management · Think tanks edit   Things you can do WikiProjects: Business and Economics Here are some tasks you can do: Article requests: Abstract Fees, IFRS for small and medium entities, Management theory, more... Assess: Chipotle Mexican Grill, Economic globalization, Israel Securities Authority, Lucy Activewear, Tel Aviv Stock Exchange, more... Cleanup: This portal: Rework the portal to make sections rotate per section archives, to eliminate blank sections, Agricultural productivity, Bank fraud, Billpoint, Economic nationalism, Ethical implications in contracts, Financial adviser, Futures exchange, Gulf rupee, Pricing, Self insurance, Serfdom, Space elevator economics, Valuation, more... 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