Economics

Economics (from the Greek οίκος , 'house', and νομος , 'rule', hence "household management") is a social science that studies the production, distribution, trade and consumption of goods and services. Economics is said to be positive when it tries to objectively predict and explain consequences of choices, given a set of assumptions or a set of observations. The choice of which assumptions to make in building a model as well as which observations to highlight, however, is a normative choice. Economics is also said to be normative when it recommends one choice over another, or when a subjective value judgement is made.

External links

;General information

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

• U.S. Economic Calendar
• {{ODP | path=Science/Social_Sciences/Economics/ | name=Economics}}
• on
• The Economist's Economics A-Z

;Institutions and organizations

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

• Bureau of Labor Statistics - from the American Labor Department
• Center for Economic and Policy Research (USA)
• National Bureau of Economic Research (USA) - Economics material from the organization that declares Recessions and Recoveries.
• National Council on Economic Education (USA)
• Organization For Co-operation and Economic Development (OECD) Statistics
• United Nations Statistics Division
• US Department of Commerce Economics Statistics
• World Bank Data
• World Trade Organization

;Study resources

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

• A guide to several online economics textbooks
• Dictionary of the history of Ideas - History of Economics
• Economic Theories and Theorists at EconomyProfessor.com - An index of all theories and theoreticians throughout the economic history of thought.
• Introduction to Economics - By Vladimir Boutiaga
• Economics For The Citizen - By Walter Williams
• Schools of Thought – Compare various economic schools of thought on particular issues
• Tutor2u.net - A comprehensive source of study notes, designed particuarly for UK students. Winner of the BETT Award for UK Online Learning Resource of the Year in 2003.
• Economics at About.com - A set of economics resources for students.
• Bized - A UK-based portal site for Economics and Business Studies designed mainly for UK students.

;Economists

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

• Paul Krugman website at Princeton.edu - official website of well-known economist Paul Krugman.
• John Kay - official website of the UK economist John Kay, author of Everlasting Light Bulbs and The Truth about Markets

;Miscellaneous

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

• Recent Trends in Economic Education. ERIC Digest.
• National Voluntary Content. ERIC Digests.
• St Louis Federal Reserve Gateway to the US Federal Reserve, including working papers, links to lectures and other material.
• XLab - UC Berkeley Experimental Social Science Laboratory: Human Subject Research in Economics

~ ~ ~ ~ ~ ~ ~ ~ ~ ~