National debt and economic literacy in uncertain times

Economic events affect each and every one of us, yet many people regard economic issues as an impenetrable “black box”. Martin Wagner, Professor of Economics at the University of Klagenfurt, sheds light on the much-debated topic of national debt and stresses the importance of increased economic literacy.

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The world is waiting for you: Why you should study “International Business and Economics” and the skills you will need for this degree

The world is yours to enjoy with a degree in “International Business and Economics”. We asked Programme Director Dmitri Blüschke to tell us about the unique features of this English language Bachelor’s degree and to explain what distinguishes it from “traditional” business degrees.

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The maximizing human being

Paul Schweinzer, a micro-economist at the Department of Economics, is unable to say how happy the human species is and whether progress makes people happier. By focusing on the things that are most essential, however, he can calculate how to maximise the welfare of a society.

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How do parenthood, marital state and income affect causes of death?

While the consequences of smoking, drinking alcohol, being active etc. have been carefully researched and are well understood as far as life expectancy is concerned, very few studies explore how individual decisions which result in becoming a parent or getting married influence the probability of dying and causes of death. Miguel Portela (Universidade do Minho, Braga, Portugal) and Paul Schweinzer (University of Klagenfurt, Austria) have recently conducted studies using data from Great Britain. Their biblically inspired conclusion is: “Let the little children come to me.”

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