There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Taiwan (Traditional Chinese: 台灣 or 臺灣, Simplified Chinese: 台湾 tái wān) is a nation which is home to more than 23 million people and is one of the most densely populated places in the world. The most prestigious university is National Taiwan University.

An associate degree is an undergraduate degree offered in the US and a few other countries. Associate degrees are a qualification below a bachelor's degree. Many students earn associate degrees during their first few years of higher education. Since they usually require about two years of study, these degrees can act either as job qualifications or as precursors to more advanced degrees.