Edinburgh, United Kingdom

Economics and Politics

Integrated Master's degree
Language: EnglishStudies in English
Subject area: economy and administration
Qualification: MA
Kind of studies: full-time studies
Master of Arts (MA)
University website: www.ed.ac.uk
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Politics
Politics (from Greek: πολιτικά, translit. Politiká, meaning "affairs of the cities") is the process of making decisions that apply to members of a group.
Economics
Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.
Janet Yellen, in "The Hand on the Lever" in The New Yorker (July 21, 2014) by Nicholas Lemann
Economics
The field of economics is not exempt from the consequences of chaos and complexity. Marketplaces are indeterminate; value is subjective; and outcomes are subject to interpretation. Economic forecasting is just as nebulous, being based on the probability of statistical information that may or may not be accurate.
L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 16.
Politics
Despite the intentions of human politics, history has shown that it is often the one, not the many, who have led the world towards its destiny... now turn your eyes to Earth once more and tell me what you see.
Uatu, Earth X, ch. 3, written by Jim Krueger and Alex Ross
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