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Philip Oakey & Giorgio Moroder is a 1985 collaborative studio album by English singer Philip Oakey, the lead vocalist of the Human League, and Italian record producer Giorgio Moroder. [2] It peaked at number 52 on the UK Albums Chart. [5] The album includes "Together in Electric Dreams", which was originally written for the 1984 film Electric ...
Practice theory (or praxeology, theory of social practices) is a body of social theory within anthropology and sociology that explains society and culture as the result of structure and individual agency. Practice theory emerged in the late 20th century and was first outlined in the work of the French sociologist Pierre Bourdieu.
"Be My Lover Now" is a song by British singer and songwriter Philip Oakey and producer Giorgio Moroder. It was written by Oakey and Moroder and recorded for the album Philip Oakey & Giorgio Moroder. It was released as a single in the UK in August 1985 where it reached number 74 on the singles charts and remained on the charts for 1 week.
Standard economic theory suggests that in relatively open international financial markets, the savings of any country would flow to countries with the most productive investment opportunities; hence, saving rates and domestic investment rates would be uncorrelated, contrary to the empirical evidence suggested by Martin Feldstein and Charles ...
In other words, managerial economics is a combination of economics and managerial theory. It helps the manager in decision-making and acts as a link between practice and theory. [12] Furthermore, managerial economics provides the tools and techniques that allow managers to make the optimal decisions for any scenario.
This marked the beginning of a boom in atheoretical, statistical models of economic fluctuation (models based on cycles and trends instead of economic theory) that led to the discovery of apparently regular economic patterns like the Kuznets wave. [10] Other economists focused more on theory in their business cycle analysis.
Positive economics as a science concerns the investigation of economic behavior. [4] It deals with empirical facts as well as cause-and-effect relationships. It emphasizes that economic theories must be consistent with existing observations and produce precise, verifiable predictions about the phenomena under investigation.
Learning-by-doing is a concept in economic theory by which productivity is achieved through practice, self-perfection and minor innovations.An example is a factory that increases output by learning how to use equipment better without adding workers or investing significant amounts of capital.