Earning a Ph.D. requires extended study and intense mental effort. A PhD is an academic study on which you concentrate for four to six years after obtaining your master’s degree, and that leads, if successful, to a PhD degree, the highest academic degree.
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.
Dominica has a competitive education system, rivaling others throughout the West. Students in this Caribbean island country could mingle with other serious students from around the world. English is the official language, but students speaking other languages may feel equally at home due to the country’s international commerce.
Top Doctoral Programs in Economics in Dominica 2018
IUGS’s Management and Applied Economics Programme have a primary mission to enhance the student’s ability to serve his or her profession through graduate degree studies. [+]
Applied economics is a social science discipline that combines economic concepts and business practices in order to make the process of decision making more effective.
Management may be defined as a function that coordinates the effects of people to accomplish goals and objectives using available resources effectively and efficiently. Management comprises planning, organizing, staffing, leading or directing, as well as controlling an organization to accomplish an objective, a goal or set of goals.
After World War II, in the 1940’s, economist, Joel Dean, Ph.D. wrote and consulted with organizations by applying microeconomics, specifically the “theory of the firm” to improve the decision making process.... [-]