01 What Is Economics
There is no single adequate definition of what economics actually is, and the old joke that “economics is what economists do” is hardly helpful. A famous economist of the past, Alfred Marshall (1842—1924), said: Economics is the study of mankind in the ordinary business of life; it exa...
China had a command economy only until 1978 when it began a series of reforms that encouraged private enterprise. Studying Economies The study of economies and the factors affecting economies is called economics. The discipline of economics can be broken into two major areas of focus: microeconomics...
This chapter provides an overview of forensic economics by discussing four questions about its domain. The first question asks whether forensic economics is a practical or academic enterprise, or both. The second one concerns the types of legal decisions that forensic economics informs, including ...
Cloud economics analyzes the total cost of ownership, benefits of cloud services and the overall computing costs in an enterprise environment, focusing on the economic principles driving these factors. It also compares variouscloud computingservices to see if they are more cost-effective than on-premi...
For there isonething youcando with economics. If you wish to fool all the people all the time– and I’ll let you guess who are deep into that tawdry enterprise – there is absolutely no better language invented/available today.
While often tied to enterprise resource planning (ERP) systems, EPM software complements ERP by providing management insights in addition to top of operational data. In other words, ERP is about operating the business—the day-to-day transactional activity—and EPM is about managing the business—...
A pure market economy has no barriers to economic exchange: you can sell anything to anyone else for any price. In reality, this form of economics is rare. Sales taxes, tariffs on imports and exports, and legal prohibitions—such as the age restriction on liquor consumption—are all impedime...
What is Enterprise Architecture? Discussion Comments Byclaire24— On Mar 24, 2011 I have a small business enterprise. I, like others, had always thought of an enterprise as being a huge company. However, the definition of "enterprise" states that it may be bold or require energy. I can ...
While often tied to enterprise resource planning (ERP) systems, EPM software complements ERP by providing management insights in addition to top of operational data. In other words, ERP is about operating the business—the day-to-day transactional activity—and EPM is about managing the business—...