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15 Cards in this Set
- Front
- Back
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What are the key concepts of political science?
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Government, power, policy, political parties, regulation
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Psychology
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The science of behavior and mental processes
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Key concepts of psychology
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Attitudes, perception, cognitive thought, emotion, meaning
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Sociology
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The systematic study of the development, structure, and funciton of human groups conceived as processes of interaction or as organized patterns of collective behavior.
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Key concepts of sociology
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Social institutions, Social groups, social values, social organizations, communities
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Ecosystem
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The complex of a community and its environment functioning as an ecological unit in nature.
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Ecosystem Management
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Seeks to integrate scinetific knowledge of ecological relationships whithin a complex and value-based socio-political framework to protext ecosystem integrity over the long term.
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Markets
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A collection of buyers and sellers that interact, resulting in the possibility for exchange.
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Price
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In a competitive market, market price determines the value of the good being sold to buyers.
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Interest Rate
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A price that borrowers pay lenders to use their funds. Determined by the supply and demand of these loanable funds.
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Benefit-cost analysis
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A decision making tool which assesses any decision in terms of the benefits and costs of doing each alternative. A ration is developed that needs to be at least greater than 1 to assume economic viability.
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Political Science
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Systematic efforts to explain how individual values are coalesced into communal values and imposed on members of society as a whole.
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What does political science involve?
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The conflict, debate, power, and authority in the determination of acceptable social values and behavior.
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What is the definition of Economics?
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Study of how society allocates and values scarce resources.
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What are key concepts of economics?
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Markets, Price, Interest Rate, and Benefit-cost analysis.
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