Rome, Italy

Statistics, Economics, Finance and Insurance

Statistica, economia, finanza e assicurazioni

Bachelor's
Language: ItalianStudies in Italian
Subject area: mathematics and statistics
University website: www.uniroma1.it
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Insurance
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Statistics
Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. In applying statistics to, for example, a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model process to be studied. Populations can be diverse topics such as "all people living in a country" or "every atom composing a crystal". Statistics deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments. See glossary of probability and statistics.
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.
Insurance
Just as we have the power to harm the ocean, we have the power to put in place policies and modify our own behavior in ways that would be an insurance policy for the future of the sea, for the creatures there, and for us, protecting special critical areas in the ocean.
Sylvia Earle, The National Oceanic And Atmospheric Administration in:Effect of Violent Video Games on Kids; Dogs' Efforts to Keep Mail Safe; Spanish Government Sues Over Oil Spills,CNN.com, May 18, 2003.
Statistics
The rise of biometry in this 20th century, like that of geometry in the 3rd century before Christ, seems to mark out one of the great ages or critical periods in the advance of the human understanding.
Sir R.A. Fisher (Sept 1948). "Biometry". Biometrics 4: 217-219.
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