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.

The official name is the State of Kuwait and it is found in the Western part of Asia. This is an Arabic country. The 2008 adult literacy reports show that the country is at 93.9%. The system of education is being restructured into an all-inclusive education.

A master of business administration (MBA) is a professional degree given to those who study business management at a business school. Various forms of analysis and strategy are covered including operations, marketing, finance, and accounting.