There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Slovenia (Slovenija) is a member of the European Union, Schengen Agreement and NATO. Previously one of Yugoslavia's six constituent republics, present-day Slovenia became independent in 1991. Slovenia has four universities, located in Ljubljana, Maribor, Nova Gorica and Koper.

A masters is earned after students complete an undergraduate degree program. To obtain a masters, you usually need to complete 12 to 18 college courses that often involve completing comprehensive tests and/or a thesis.