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Amsterdam, Netherlands

University of Amsterdam

Economics: Markets and Regulation

Master's

Language: English Studies in English

Subject area: economy and administration

Time study: 1 year

University website: www.uva.nl/en

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

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Regulation

Regulation is an abstract concept of management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example:

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Economics

Economics is, in essence, the study of poverty.

Ronald Max Hartwell, The Long Debate on Poverty (1972), p. 3

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Economics

Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.

Joseph Schumpeter, History of Economic Analysis, 1945. p. 27

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Economics

Men did not make the earth. ... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds.

Thomas Paine, Agrarian Justice (1795–1796).

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