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  2. Managerial economics - Wikipedia

    en.wikipedia.org/wiki/Managerial_economics

    talent management and development. In order to optimize economic decisions, the use of operations research, mathematical programming, strategic decision making, game theory [8] [9] and other computational methods [10] are often involved. The methods listed above are typically used for making quantitate decisions by data analysis techniques.

  3. Econometrics - Wikipedia

    en.wikipedia.org/wiki/Econometrics

    Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. [1] More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference."

  4. Ragnar Frisch - Wikipedia

    en.wikipedia.org/wiki/Ragnar_Frisch

    In oligopoly theory he developed the conjectural variation approach. Frisch also is credited with introducing the term "model" in its modern economic sense by Paul Samuelson, based on a 1930 Yale University lecture. [24] His 1933 work on impulse-propagation business cycles became one of the principles of modern New Classical business cycle ...

  5. Foundations of Economic Analysis - Wikipedia

    en.wikipedia.org/wiki/Foundations_of_Economic...

    The front page quotes the motto of J. Willard Gibbs: "Mathematics is a language."The book begins with this statement: The existence of analogies between central features of various theories implies the existence of a general theory which underlies the particular theories and unifies them with respect to those central features.

  6. Management science - Wikipedia

    en.wikipedia.org/wiki/Management_science

    Management science (or managerial science) is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities.

  7. Input–output model - Wikipedia

    en.wikipedia.org/wiki/Input–output_model

    In economics, an input–output model is a quantitative economic model that represents the interdependencies between different sectors of a national economy or different regional economies. [1] Wassily Leontief (1906–1999) is credited with developing this type of analysis and earned the Nobel Prize in Economics for his development of this ...

  8. Economics - Wikipedia

    en.wikipedia.org/wiki/Economics

    The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".

  9. Richard Werner - Wikipedia

    en.wikipedia.org/wiki/Richard_Werner

    Richard Andreas Werner (born 5 January 1967) is a German banking and development economist who is a university professor at University of Winchester.. He has proposed the "Quantity Theory of Credit", or "Quantity Theory of Disaggregated Credit", which disaggregates credit creation that are used for the real economy (GDP transactions), on the one hand, and financial transactions, on the other ...