Portal:Economics
Economics (/ˌɛkəˈnɒmɪks, ˌiːkə-/) is a social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what is viewed as basic elements within economies, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and investment expenditure interact, and factors affecting it: factors of production, such as labour, capital, land, and enterprise, inflation, economic growth, and public policies that have impact on these elements. It also seeks to analyse and describe the global economy. (Full article...)
- ... that Francois Massaquoi, who studied economics at New York University, later led the Lofa Defense Force during the First Liberian Civil War?
- ... that developmental economist Michael Lipton showed that poor farmers were more resource efficient than rich farmers?
- ... that people are robbing Lebanese banks to get their own money back?
- ... that despite not being an economist, Sunarjo Kolopaking became dean for the faculty of economics at the University of Indonesia?
- ... that the Canadian journalist Bernard Descôteaux is credited with the economic revival of the independent newspaper Le Devoir?
- ... that in a study for UNICEF, Reginald Green found that more than two million children under the age of five had died in Angola and Mozambique due to the South African apartheid regime's economic policies?
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- 28 July 2024 – Foreign relations of Malaysia
- Malaysia formally applies to become a member of the BRICS economic bloc and geopolitical organization. (Anadolu Ajansi)
- 10 July 2024 – 2024 Washington summit, Foreign relations of China, China and the Russian invasion of Ukraine
- All 32 NATO member states approve an official statement classifying China as a "decisive enabler" of Russia's invasion of Ukraine due to its "no-limits" economic and political partnership with Russia. (AP)
- 7 July 2024 – Confederation of Sahel States, ECOWAS
- ECOWAS states that it risks disintegrating from military and economic insecurity if Niger, Mali, and Burkina Faso continue their exit to form their own confederation, following sanctions and severed diplomatic ties after each state's military coup. (Reuters)
- 28 June 2024 –
- The Argentine Chamber of Deputies approves economic reform measures proposed by President Javier Milei, which include investment incentives, the privatization of numerous state-owned entities, and tax overhauls. (Reuters)
- 26 June 2024 – Russia–European Union relations, Belarus–European Union relations
- The leaders of Poland, Lithuania, Latvia, and Estonia call on the European Union to construct a €2.5 billion (US$2.67 billion) defence line between them and Russia and Belarus to secure the EU from military, economic, and migrant-related threats. (Reuters)
- 25 June 2024 – Iran–United States relations
- The United States Department of the Treasury announces economic sanctions on 50 people and companies in Hong Kong, the United Arab Emirates, and the Marshall Islands, for allegedly funding and helping Iran's military gain access to the international financial system. (Al Jazeera)
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