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.

Oceania also known as Oceanica is a region centred on the islands of the tropical Pacific Ocean.[4] Opinions of what constitutes Oceania range from its three subregions of Melanesia,Micronesia, and Polynesia[5] to, more broadly, the entire insular region between Asia and the Americas, including Australasia and the Malay Archipelago.

A master program may be offered in a variety of different fields, allowing students of almost any subject to enhance their knowledge and improve their credentials. This degree generally takes one to three years to obtain, although requirements may vary.