Presentation . 7. Petr. Wawrosz. German Historical School. Absolutist versus relativist approach. Absolutist approach: tends to believe that there are some objective, absolute “facts or truths” about the perceptions and patterns of economic behavior that cross cultural, temporal and social boundaries. These beliefs and patterns of behavior are perceived as universal. They are believed to apply in every society at all times in similar ways..
Professor Malamud, BEH 502. course outline:. . http://faculty.unlv.edu/bmalamud/a9.442.sp11.outline.doc. . the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. .
History of Economic Thought. Transparencies. Set 1. What is it?. “…the history of the intellectual efforts that men have made in order to understand economic phenomena…”. Why study it?. “Current work, so one would think, will preserve whatever is still useful of the work of preceding generations … Why then should we go back to old authors and rehearse outmoded views? Cannot the old stuff be safely left to the care of a few specialists who love it for its own sake? ” .
A brief history of economic thought. He . was born on 5 May 1818 in Trier. A brief history of economic thought : . Karl Marx. A brief history of economic thought : . Karl Marx. In 1835 he . went to Bonn University to study law and the year after he moved to .
A brief history of economic thought. A brief history of economic thought : . Adam Smith. He was born in1723 . in Kirkcaldy of Scotland. A brief history of economic thought : . Adam Smith. He was a professor .
‘The archival history of Britain and its dialogue with development policy during the World Bank era, c.1945 to the present. . ’ . . World Bank Conference on. . “Using History to Inform Development Policy: The Role of Archives,” .
1. 1. 1. 1. 1. 1. What is . Economics About?. Scarcity and Choice. Scarcity. and choice are the two essential ingredients of an economic topic.. Goods are . scarce. because desire for them far outstrips their availability from nature..
Download Presentation - The PPT/PDF document "History of economic thought" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
History of economic thought
Presentation on theme: "History of economic thought"— Presentation transcript: