Napoli, Italy

Economics and Trade

Economia e commercio

Bachelor's
Language: ItalianStudies in Italian
Subject area: economy and administration
University website: www.unina.it
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Trade
Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. A system or network that allows trade is called a market.
Economics
In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.
Ronald Coase, The firm, the market and the law (1988) Chapter 6. A remark on "The problem of social cost" (last sentence).
Trade
The wide chasm separating the inevitabilities of economic life from the Christian ideal ... kept the most devout groups and all those with the most consistently developed ethics far from the life of trade.
Max Weber, Sociology of Religion, pp. 219-220
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
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