Edinburgh, United Kingdom

Social Policy and Economics

Integrated Master's degree
Language: EnglishStudies in English
Subject area: social
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.
Policy
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization. Policies can assist in both subjective and objective decision making. Policies to assist in subjective decision making usually assist senior management with decisions that must be based on the relative merits of a number of factors, and as a result are often hard to test objectively, e.g. work-life balance policy. In contrast policies to assist in objective decision making are usually operational in nature and can be objectively tested, e.g. password policy.
Social
Living organisms including humans are social when they live collectively in interacting populations, whether they are aware of it, and whether the interaction is voluntary or involuntary.
Social Policy
Social policy is a term which is applied to various areas of policy, usually within a governmental or political setting (such as the welfare state and study of social services).
Economics
To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.
C. Wright Mills, The New Men of Power (1948).
Policy
You have despoiled churches. You have threatened every corporation and endowment in the country. You have examined into everybody's affairs. You have criticised every profession and vexed every trade. No one is certain of his property, and nobody knows what duties he may have to perform to-morrow. This is the policy of confiscation as compared with that of concurrent endowment.
Benjamin Disraeli, speech on the University Education Bill (Ireland), House of Commons, March 11, 1873.—Selected Speeches of the Late Right Honourable the Earl of Beaconsfield, ed. T. E. Kebbel, vol. 2, p. 390 (1882).
Policy
There is an eternal dispute between those who imagine the world to suit their policy, and those who correct their policy to suit the realities of the world.
Attributed to Albert Sorel. Reported as unverified in Respectfully Quoted: A Dictionary of Quotations (1989).
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