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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Economics World House Rules

Economics World House Rules

Paperback

General Reference

ISBN10: 1326961624
ISBN13: 9781326961626
Publisher: Lulu.com
Published: Feb 27 2017
Pages: 572
Weight: 1.49
Height: 1.16 Width: 5.83 Depth: 8.27
Language: English
From the mid-16th century to the beginning first quarter of the 21st century, economic thought can be split into five main historical schools: mercantilism; the economics of the French physiocrats; classical economics; Keynesianism; and monetarism. The schools do not necessarily encompass the views of all economists. The mercantilists, between the mid-16th and mid-18th centuries, argued that the wealth of nations depended on their balance of trade. Proponents of the theory were concerned to maximize the amount of precious metals in the country. Protectionism was encouraged. Economic forecasting and growth are variables, either macro-economic (for country/ies) or micro-economic (for product/market), which deals with the increase in the productive capacity of an economy.

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