The program at Harvard University uses economic methods to analyze practical aspects of business, including business administration, management, and related fields of business economics. The Universidad del Desarrollo, in Chile follows on Harvard University definition, adding entrepreurnship as a field of business. The University of Miami defines business economics as involving the study of how we use our resources for the production, distribution, and consumption of goods and services. This requires business economists to analyze social institutions, banks, the stock market, the government and their relationships with labor negotiations, taxes, international trade, and urban and environmental issues.