A Masters degree is an academic degree awarded to individuals who successfully denote a higher level of expertise. There are two main types of Masters - taught and research.
Those who study economics first and foremost learn the differences between microeconomics and macroeconomics. Microeconomics involves the behavior of individual markets, such as households and firms, and their interactions. Macroeconomics, on the other hand, involves looking at the entire economy as a whole.
Russia (Russian: Россия) is by far the largest country in the world, covering more than one-eighth of the Earth's inhabited land area. The former State Committee for Higher Education in Russia financed 240 universities, academies and institutes, making Russia a solid country to study in.
Novosibirsk city has over 1 million inhabitants and is the 3rd most populated city in Russia. The city is located along the banks of the Ob River. Novosibirsk city has over 12 universities.
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The MEP is based on academic science and aimed to research perspective. The main tendency of scientific knowledge in XX-XXI centuries is the drift to complex systems and stochastic processes research. It affected research methods, results, and understanding [+]
The MEP is based on academic science and aimed to research perspective. The main tendency of scientific knowledge in XX-XXI centuries is the drift to complex systems and stochastic processes research. It affected research methods, results, and understanding of science destination per se. Economics as a social science reflects this tendency to the full extent. As the famous economist, W. Baumol, said, the most impressing results since early 1900th were achieved rather in empirical and applied research than in theoretical novelty.
However general scientific trends take specific dimensions for economic science in accordance with its subject and methods. Another famous economist – A. Marshall – has defined economics as dealing with the ordinary operation of human society; it‘s studying individual and collective actions about making and using a material basis of wealth. It means the study of wealth on the one hand and study of a human – from the other.... [-]