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    micah tulod
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    This document provides a brief overview of important economic terms and theories throughout history. It discusses key concepts like markets, socialism, mixed economies, wealth, consumption, production, and exchange. It then outlines some of the major economic schools of thought that developed, including classical economics, neoclassical economics, Keynesian economics, non-Walrasian economics, post-Keynesian economics, and new classical economics.

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    This document provides a brief overview of important economic terms and theories throughout history. It discusses key concepts like markets, socialism, mixed economies, wealth, consumption, production, and exchange. It then outlines some of the major economic schools of thought that developed, including classical economics, neoclassical economics, Keynesian economics, non-Walrasian economics, post-Keynesian economics, and new classical economics.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    7 views16 pages

    Untitled

    Uploaded by

    micah tulod
    This document provides a brief overview of important economic terms and theories throughout history. It discusses key concepts like markets, socialism, mixed economies, wealth, consumption, production, and exchange. It then outlines some of the major economic schools of thought that developed, including classical economics, neoclassical economics, Keynesian economics, non-Walrasian economics, post-Keynesian economics, and new classical economics.

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    of 16

    MARKET

    ECONOMY
    Socialism
    Mixed
    economy
    Impo
    rtant
    economic
    terms
    wealth
    consumption
    production
    exchange
    distribution
    brief history:
    the classical,
    keynesian,
    and modern
    economics
    birth of
    economic
    theory :
    classical
    economics
    neoclassical
    economics
    (1870s)
    keynes’
    general
    theory of
    employment,
    interest and
    money
    non- walrasian
    economics
    (1939)
    post-
    Keynesian
    economics
    ( 1940s-
    1950s) new
    classical
    economics

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