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Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions.
In the history of economic thought, a school of economic thought is a group of economic thinkers who share or shared a mutual perspective on the way economies function. While economists do not always fit within particular schools, particularly in the modern era, classifying economists into schools of thought is common.
Siapa Menabur Angin akan Menuai Badai : G30S - PKI dan Peran Bung Kamo [Whoever sows the wind will reap the storm: G30S-PKI and the role of Bung Karno] (in Indonesian). Soegiarso Soerojo. Sulistyanto, Ali (ed.). Marhaenisme Sukarno [Sukarno's Marhaenism] (in Indonesian). Promedia.
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Florence, Piazza del Mercato Vecchio (1555), fresco by Stradanus, Palazzo Vecchio, Sala di Gualdrada. The Italian Renaissance was remarkable in economic development. Venice and Genoa were the trade pioneers, first as maritime republics and then as regional states, followed by Milan, Florence, and the rest of northern Italy.
The Berkeley Mafia was the term given to a group of University of California-trained [1] economists in Indonesia who were given technocratic positions under the Suharto dictatorship during the late 1960s.
Widjojo Nitisastro (23 September 1927 – 9 March 2012) was an Indonesian economist, who was known as the main architect of the Indonesian economy during the New Order regime [1] of President Suharto, serving as Minister for National Development (1971–1983) and Coordinating Minister for Economy, Finance and Industry (1973–1983). [2]
Walras's law implies that the sum of the values of excess demands across all markets must equal zero, whether or not the economy is in a general equilibrium. This implies that if positive excess demand exists in one market, negative excess demand must exist in some other market.