Study human behavior The Cranfield MSc in Management and Economics is a full-time one-year programme designed for graduates

with little or no previous professional experience. The

programme will equip you with the knowledge, skills and understanding you need to succeed in business and economics, whether at the local or global level. It will give you the confidence to
understand and tackle complex business challenges in the context of the global economic conditions and prepare you to pursue a career in economics, quantitative analysis or management.

Through your studies, you will gain a sound understanding of core management and economic theories, concepts, tools and techniques, and learn how to apply them creatively in real-life
situations. You will learn about both the functional dimensions of management such as strategic management, operations, finance and marketing, as well as microeconomics, macroeconomics,
statistical analysis in economics, international economics and applied econometrics.

Econocs

Ever wonder why food costs rise when gas prices spike? Ever question why U.S. politicians worry when other countries talk of going bankrupt? Ever wonder why you cant get a good interest
rate on your savings account? All of these phenomena can be explained through economics.

Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get
what they want or accomplish certain goals. Since economics is a driving force of human interaction, studying it often reveals why people and governments behave in particular ways.

How do individuals and groups make decisions? How do they perceive and risks?
"Make up your mind!" is sometimes said in exasperation. Some people may seem indecisive or inconsistent. They may avoid making decisions as long as
possible. The same reluctance to make decisions also happens in organizations or institutions.
On the other hand, some people and groups may be accused of "leaping to conclusions" or making a decision "without considering all the facts." This implies that
decisions should be made by collecting and weighing various elements in a rational way.
Just how do people and organizations make decisions? This is a crucial question for individuals and societies. Researchers use scientific approaches and methods
-- such as experiments and models of the process -- to improve our understanding of various elements of decision making, such as how people make judgments.
Researchers have discovered a great deal about what people consider risky and why they decide to take (or not take) various risks. Studies of public policy and
managerial decision-making can provide useful information to policy makers and leaders.
People interact.People are complicated: they don't come with a user manual and they're glitchy-er than a new Windows OS. You
never know what you're going to get! If you have trouble talking with people, whether it's people you know or people you don't,
wikiHow has your back. Get started with Step 1 below to get on your way to happy, smooth interactions.
1.identify your hesitancy. Why aren't you interacting with people now? Are you interacting with people but feel like you're doing
it wrong? If you can identify the problem, it will go a long way towards helping you overcome it. In the meantime, try the advice
below.
2.Overcome your social anxiety. For many people, interacting with others is stressful. If you get worried about talking to people, you
may want to focus on coping with your anxiety first.

Economy of the United States

The United States of America is the world's largest national economy, representing 22.4% of nominal global GDP and 16.6% of global GDP (PPP).[22][23][24][25][26][27]
The United States' GDP was estimated to be $17.555 trillion as of Q3 2014.[28] The U.S. dollar is the currency most used in international transactions and is the world's
foremost reserve currency.[29] Several countries use it as their official currency, and in many others it is the de facto currency.[30] The United States has a mixed
economy[31][32] and has maintained a stable overall GDP growth rate, a moderate unemployment rate, and high levels of research and capital investment.[33] Its six
largest trading partners are Canada, China, Mexico, Japan, Germany, and South Korea.[34]
The US has abundant natural resources, a well-developed infrastructure, and high productivity.[35] It has the world's ninth-highest per capita GDP (nominal) and tenthhighest per capita GDP (PPP) as of 2013.[36][37] Americans have the highest average household and employee income among OECD nations, and in 2010 had the fourth
highest median household income, down from second highest in 2007.[38][39] It has been the world's largest national economy (not including colonial empires) since at
least the 1890s.[40]
The U.S. is the world's largest producer of oil[41] and natural gas.[42] It is the second-largest trading nation in the world[43] as well as the world's second largest
manufacturer, representing a fifth of the global manufacturing output.[44] Of the world's 500 largest companies, 132 are headquartered in the US, twice that of any other
country.[45]The United States has one of the world's largest and most influential financial markets. The New York Stock Exchange is by far the world's largest stock
exchange by market capitalization.[46] Foreign investments made in the US total almost $2.4 trillion,[47] while American investments in foreign countries total over
$3.3 trillion.[48] Consumer spending comprises 71% of the US economy in 2013.[49] The United States has the largest consumer market in the world, with a household
final consumption expenditure five times larger than Japan's.[50] The labor market has attracted immigrants from all over the world and its net migration rate is among
the highest in the world.[51] The U.S. is one of the top-performing economies in studies such as the Ease of Doing Business Index, the Global Competitiveness Report,
and others.[52]The US economy is currently embroiled in the economic downturn which followed the financial crisis of 200708, with output still below potential
according to the Congressional Budget Office.[53] The economy, however, began to recover in the second half of 2009, and as of October 2014, unemployment had
declined from a high of 10% to 5.8%;[54] the government's broader U-6 unemployment rate, which includes the part-time underemployed, was 11.8%.[55] At 11.3%, the
U.S. has one of the lowest labor union participation rates in the OECD.[56] Households living on less than $2 per day before government benefits, doubled from 1996
levels to 1.5 million households in 2011, including 2.8 million children. [57] The gap in income between rich and poor is greater in the United States than in any other

developed country.[58] Total public and private debt was $50.2 trillion at the end of the first quarter of 2010, or 3.5 times GDP.[59] In December 2013, the total of the
public debt was about 0.7 times GDP.[60] Domestic financial assets totaled $131 trillion and domestic financial liabilities totaled $106 trillion.[61]