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Economics is about making choices with limited resources to meet needs efficiently. Explore the history and figures that shaped this field.
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Oikos (Household) Nomos (Rule) What is Economics?? Economics Economics is the study of how people and communities to make a choice , with or without use the money , in the use of production resources are limited . ( Paul Samuelson )
In meeting their needs , people are always trying to get a result as possible. • To achieve as much as possible , people can use the objects satisfying the needs that exist Economics Principal Economic motives
Induction method : the method stems from the fact that there is in society are analyzed and conclusions drawn Economic Method Deduction method : a method that stems from the theories of economic analysis then made conclusions Synthesis Methods : The method uses facts and theories together to create economic conclusions.
The economic principle is the basis of thinking to achieve specific goals with the smallest possible sacrifices Did You Know?? Economic activity is each step made humans to meet their needs , namely consumption , production , and distribution Economic motive is power that moves people to action economies Political economy is a package of measures to improve the economy that aims to improve the prosperity of the people
Economics is a branch of science that has been developed over time . Its development started since 1776 , ie after Adam Smith published his book entitled " An Inquiry into the Nature and causes of the Wealth of Nations " . So that Adam Smith is regarded as the "Father of Economics . " History Of Economics
Mercantilism is derived from the Latin mercece which means buying and selling , or the English merchant which means merchants . The main figure of Mercantilism is Jean Baptiste Colbert . The mercantilist thinking is : to increase the wealth of the state , then the state must sell ( export ) more than buying ( importing ) , as well as bring many precious metals like gold and silver into the country . Economic Figures Merchantilism Physiocratsstems from the Greek words meaning fisos nature , and kratos meaning power. So fisiokratismealamlah ruling holds that wealth or riches sourced from nature . Leaders of this flow is Francois Quesnay , personal physician Lodewijk XIV . He rejected the mercantilist notion that the wealth of the country centered on industry and trade . Physiokrat
Figures of this genre is Adam Smith . According to Adam Smith , the wealth came not from trade and land like people said mercantilist and the Physiocrats , but of human labor , and because there is people working trade and agriculture . Each individual strives to use the equity in order to obtain the highest possible results . Classical Keynes in his book The General Theory of Employment , Interest , and Money (1936 ) is about the government's economic policy , known as fiscal policy . Keynes argued that in order to encourage economic collapse , the government had to intervene by way of massive spending in order to open a business so as to create new jobs . According to Keynes , the only way the economy is depressed can be restored . Economists today call flow is the flow of capitalism. Keynesian
The characters of this genre is Karl Heinrich Marx , a Christian pastor from Germany and Frederick Engels . de Marx poured in a book called Das Kapital ( Capital) , published in 1917. In this book it is stated that the country should be governed by the people and shaped ploretariat dictator . This is government by the people who hold all the power. The government simply exercising sovereignty on behalf of the proletariat . Marxism Tokoh-tokohdarialiraniniadalah Karl Heinrich Marx, seorangpendetaNasranidariJermandan Frederick Engels. de Marx dituangkandalambuku yang berjudul Das Kapital(Modal) yang terbittahun 1917. Dalambukuinidinyatakanbahwanegaraharusdiperintaholehrakyatdanberbentukdiktatorploretariat. Pemerintahanolehrakyatinilah yang memegangseluruhkekuasaan. Pemerintahhanyamelaksanakanpemerintahanatasnamakaumproletar. Neoklasik
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