A masters refers to the completion of a graduate study program that prepares students to further their knowledge of a specific subject or advance their careers. The majority of masters are granted by state or public universities.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
Peru, officially the Republic of Peru, is a country in western South America. Peru has about 80 universities with a lot more private universities than public. The primary language is still Spanish but there are some courses specifically created for international students.
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