Etymology[ edit ] Originally, political economy meant the study of the conditions under which production or consumption within limited parameters was organized in nation-states. In that way, political economy expanded the emphasis of economics, which comes from the Greek oikos meaning "home" and nomos meaning "law" or "order". Political economy was thus meant to express the laws of production of wealth at the state level, just as economics was the ordering of the home. The French physiocrats were the first exponents of political economy, although the intellectual responses of Adam SmithJohn Stuart MillDavid RicardoHenry George and Karl Marx to the physiocrats generally receives much greater attention.
IBM, Glossary - Definitions of e-commerce Economics Economics is the study of the laws of human action and interaction. This makes economics the very root of business decisions, government policy, and global relations.
A degree in economics can prepare you for a broad array of carrers: Furthermore, an economics degree serves as excellent preparation for a Law degree or an MBA.
An economist is an intellecual generalist pragmatist. An economics course of study is often found in the social sciences department of a university or college, rather than the business department, while other schools combine buiness and econimics in one department.
Which department the economics program resides in may be an the economist guide to business planning pdf of the "flavor" of economics that the school provides.
More information on Economics Careers in Economics - An overview of employment opportunities for economists from Ball State University Educational Resources - An interesting mix of information and resources for those interested in economics Entrepreneurial Studies Many people dream of owning and running our own business, and luckily there are majors and courses devoted to learning how to become an entrepreneur!
Entrepreneurs need all the skills of a business manager, including coursework in management principles, finances, taxes, marketing, organization, and more. Some degree programs focus on specific aspects of entrepreneurship, such as a focus on environmental products or online sales.
One of the things students learn and hopefully already have some aptitude for is how to recognize a great opportunity and capitalize on it. Students learn how to identify consumer trends, to know what people need and want before they even know.
Entrepreneurial studies majors also learn how to tackle the tough challenges of trying to get a business off the ground. One of the main qualifications to become an entrepreneur is the willingness to take risks — the field is not for the weak of heart!
More information on Entrepreneurial Studies Global Entrepreneurship Monitor - Research assessing economic growth due to entrepreneurship OCRI Entrepreneurship Centre - Based in Ottawa but contains good resources for anyone interested in how entrepreneurship works and how to get started Kauffman Foundation, EVenturing.
Individuals use the principles of finance to set long-term financial goals and to make personal investment decisions. Areas of study in the field of finance include financial management, banking, planning, investments, insurance, money flow, real estate, and financial services.
Careers in finance can take the form of: More information on Finance Financial Planning: Facts and Trends - Discusses the furture of financial planning Health Care Administration A major in Health Care Administration combines health care and business concepts.
Professionals in the field need to understand the treatment of disease and health maintenance as well as how to run a successful business. Many organizations providing health care networks of hospitals, for example are huge companies — students will learn about finance, corporate structure, health care law, personnel management, and many other business concepts.
But these health care companies and groups are different from regular companies in that they are providing healthcare; students also take classes in epidemiology, disease prevention, patient communications, and other health care-related courses.
Most schools offer this program at the graduate or doctoral level only.
Upon graduation the student may look for work in entry-level management in hospitals, managed care facilities, clinics, health insurance companies, and public and government agencies. Health Administration" — Info on careers and education in healthcare administration Hospitality Management There is a lot that goes into running hotels, resorts, convention centers, casinos, cruise ships, and fancy restaurants.
Not only do the managers need to have sharp business skills, they need to be able to communicate with customers and clients, and keep everyone safe and happy. This is where a Hospitality Management degree can really come in handy.
In their degree program, students learn business concepts human resources, finance, taxes and real estate laws, etc. It is a very good idea to complete an internship. Some Hospitality Management programs focus on a specific aspect of the industry, such as restaurant management or tourism studies.
More information on Hospitality Management.Explore careers in Business with the following links to job descriptions, which include information such as daily activities, skill requirements, salary and training required.
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Proofreading rates per word writing center ideas 4th grade impact of total quality management on organizational performance pdf . In Royal Dutch Shell put into service what it called the Unified Planning Machinery (UPM), a computer-driven system meant to bring more discipline to the company’s cash flow planning.
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International Journal of Business and Social Science Vol. 3 No. 16 [Special Issue – August ] Strategic Role of Leadership in Strategy Implementation in Zimbabwe's State.