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A public university or public college is a university or college that is owned by the state or receives significant funding from a government.
A scholar's discipline is commonly defined and recognized by a university faculty. ... Public finance; Public economics; Real estate economics; Resource economics;
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The term economics was originally known as "political economy".This term evolved from the French Mercantilist usage of économie politique, which expanded the notion of economy from the ancient Greek concept of household management to the national level, as the public administration of state affairs.
In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
A state university system in the United States is a group of public universities supported by an individual state, territory or federal district.These systems constitute the majority of public-funded universities in the country.
Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. Public economics builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare. Welfare can be defined in terms of well-being, prosperity, and overall state of being.
The original Latin word universitas refers in general to "a number of persons associated into one body, a society, company, community, guild, corporation, etc". [13] As urban town life and medieval guilds developed, specialized associations of students and teachers with collective legal rights (these rights were usually guaranteed by charters issued by princes, prelates, or their towns) became ...