1 PhD Programs in Economic Studies in Riga, Latvia 2023
The PhD is a doctoral degree, specifically called a "doctor of philosophy" degree. This is misleading because PhD holders are not necessarily philosophers (unless they earned their degree in philosophy!). That said, PhD recipients are able to engage in thought experiments, reason about problems, and solve problems in sophisticated ways.
The purpose of Economics is to study how scarce goods are distributed and consumed. It studies markets, businesses, pricing or consumers in its realm of microeconomics. And it covers fiscal policy, inflation, unemployment or monetary policy in macroeconomics. Good economists are increasingly important in order to prevent and improve economical situations of different sectors and industries.
Latvia, officially the Republic of Latvia, is a country in the Baltic region of Northern Europe. It is bordered to the north by Estonia, to the south by Lithuania, to the east by Russia, and to the southeast by Belarus. The Latvians are a Baltic people, culturally related to the Lithuanians. Capital is Riga which is home to University of Latvia with more than 23,000 enrolled students.
- Economic Studies