What's the difference between economics and management?

Economics


Definition:

  • (n.) The science of household affairs, or of domestic management.
  • (n.) Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political.

Example Sentences:

  • (1) The recent rise in manufacturing has been welcomed by George Osborne as a sign that his economic policies are bearing fruit.
  • (2) An “out” vote would severely disrupt our lives, in an economic sense and a private sense.
  • (3) Of course the job is not done and we will continue to remain vigilant to all risks, particularly when the global economic situation is so uncertain,” the chancellor said in a statement.
  • (4) The west Africa Ebola epidemic “Few global events match epidemics and pandemics in potential to disrupt human security and inflict loss of life and economic and social damage,” he said.
  • (5) He had been extremely frustrated that indicators of economic recovery over the past few days had been drowned out by the clamour over the Labour leadership.
  • (6) "There is … a risk that the political, trade, and gas frictions with Russia could lead to strong deterioration in economic relations between the two countries, with a significant drop in Ukraine's exports to and imports from Russia.
  • (7) There was a 35% decrease in the number of patients seeking emergency treatment and one study put the savings in economic and social costs at just under £7m a year .
  • (8) It is widely seen as a counter to China’s economic might in Asia, and the world’s second largest economy is notably absent from the list of signatories.
  • (9) From the social economic point of view nosocomial infections represent a very important cost factor, which could be reduced to great deal by activities for prevention of nosocomial infection.
  • (10) He said Germany was Russia’s most important economic partner, and pointed out that 35% of German gas originated in Russia.
  • (11) "These developments are clearly unwarranted on the basis of economic and budgetary fundamentals in these two member states and the steps that they are taking to reinforce those fundamentals."
  • (12) It did the job of triggering growth, but it also fueled real-estate speculation, similar to what was going on in the mid-2000s here.” Slowing economic growth may be another concern.
  • (13) October 23, 2013 3.55pm BST Another reason to be concerned about the global economy - Canada's central bank has slashed its economic forecasts for the US.
  • (14) The district’s $110bn of economic activity went up by 22% since 2007, outpacing city growth by 9% during the same period.
  • (15) Socio-economic improvement or behavioural changes appear necessary for the control of trachoma in endemic areas.
  • (16) Biomass and crops for animals are as damaging as [burning] fossil fuels.” The recommendation follows advice last year that a vegetarian diet was better for the planet from Lord Nicholas Stern , former adviser to the Labour government on the economics of climate change.
  • (17) To safeguard its long-time regional ally, Iran gave full political, economic and military backing to the embattled Syrian president.
  • (18) Based on the economics of most countries in Africa, their Health Budgets can afford mostly the non-opioid and strong opioid drugs in more or less adequate quantities.
  • (19) He elaborates: "Republicans use powerful economic wedge issues to great impact.
  • (20) Documents seen by the Guardian show that blood supplies for one fiscal year were paid for by donations from America’s Office of Foreign Disaster Assistance (OFDA) and Britain’s Department for International Development (DfID) – and both countries have imposed economic sanctions against the Syrian government.

Management


Definition:

  • (v.) The act or art of managing; the manner of treating, directing, carrying on, or using, for a purpose; conduct; administration; guidance; control; as, the management of a family or of a farm; the management of state affairs.
  • (v.) Business dealing; negotiation; arrangement.
  • (v.) Judicious use of means to accomplish an end; conduct directed by art or address; skillful treatment; cunning practice; -- often in a bad sense.
  • (v.) The collective body of those who manage or direct any enterprise or interest; the board of managers.

Example Sentences:

  • (1) Indicators for evaluation and monitoring and outcome measures are described within the context of health service management to describe control measure output in terms of community effectiveness.
  • (2) By presenting the case history of a man who successively developed facial and trigeminal neural dysfunction after Mohs chemosurgery of a PCSCC, this paper documents histologically the occurrence of such neural invasion, and illustrates the utility of gadolinium-enhanced magnetic resonance scanning in patient management.
  • (3) However it is important to recognize these cysts so that correct surgical management is offered to the patient.
  • (4) Michael Schumacher’s manager hopes F1 champion ‘will be here again one day’ Read more Last year, Red Bull were frustrated by Mercedes, Ferrari and Honda as they desperately looked for a new engine supplier.
  • (5) The program met with continued support and enthusiasm from nurse administrators, nursing unit managers, clinical educators, ward staff and course participants.
  • (6) Mike Ashley told Lee Charnley that maybe he could talk with me last week but I said: ‘Listen, we cannot say too much so I think it’s better if we wait.’ The message Mike Ashley is sending is quite positive, but it was better to talk after we play Tottenham.” Benítez will ask Ashley for written assurances over his transfer budget, control of transfers and other spheres of club autonomy, but can also reassure the owner that the prospect of managing in the second tier holds few fears for him.
  • (7) Schneiderlin, valued at an improbable £27m, and the currently injured Jay Rodriguez are wanted by their former manager Mauricio Pochettino at Spurs, but the chairman Ralph Krueger has apparently called a halt to any more outgoings, saying: “They are part of the core that we have decided to keep at Southampton.” He added: “Jay Rodriguez and Morgan Schneiderlin are not for sale and they will be a part of our club as we enter the new season.” The new manager Ronald Koeman has begun rebuilding by bringing in Dusan Tadic and Graziano Pellè from the Dutch league and Krueger said: “We will have players coming in, we will make transfers to strengthen the squad.
  • (8) Community involvement is a key element of the Primary Health Care (PHC) approach, and thus an essential topic on a course for managers of Primary Health Care programmes.
  • (9) The role of magnetic resonance imaging is also discussed, as is the pathophysiology, management, and prognosis in the elderly patient.
  • (10) Diagnostic work-up and management of intracranial arachnoid cysts are still controversial.
  • (11) Postpartum management is directed toward decreasing vasospasm and central nervous system irritability and maintaining fluid and electrolyte balance.
  • (12) Compared with conservative management, better long-term success (determined by return of athletic soundness and less evidence of degenerative joint disease) was achieved with surgical curettage of elbow subchondral cystic lesions.
  • (13) It isn't share ownership but the way people are managed that's critical.
  • (14) "We do not think the Astra management have done a good job on behalf of shareholders.
  • (15) During these delays, medical staff attempt to manage these often complex and painful conditions with ad hoc and temporizing measures,” write the doctors.
  • (16) BT Sport's marketing manager, Alfredo Garicoche, is more effusive still: "We're not thinking for the next two or three years, we're thinking for the next 20 or 30 years and even longer.
  • (17) To become president of Afghanistan , Ashraf Ghani Ahmadzai changed his wardrobe and modified his name, gave up coffee, embraced a man he once denounced as a “known killer” and even toyed with anger management classes to tame a notorious temper.
  • (18) In order for the club to grow and sustain its ability to be a competitive force in the Premier League, the board has made a number of decisions which will strengthen the club, support the executive team, manager and his staff and enhance shareholder return.
  • (19) He was the first to win as a captain and a manager.
  • (20) Based upon our clinical experience and this review of the literature, a suggested management protocol is presented.