Economy, asked by punjabijatti02, 9 months ago

how can you trace the origin of Economics??​

Answers

Answered by ROMANABHIREIGNS
1

Answer:

Economic history is the academic study of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labor, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic force and attempting to provide insights into the way it is structured and conceived.

Economic history is the academic study of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labor, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic force and attempting to provide insights into the way it is structured and conceived.Using both quantitative data and qualitative sources, economic historians emphasize understanding the historical context in which major economic events take place. They often focus on the institutional dynamics of systems of production, labor, and capital, as well as the economy's impact on society, culture, and language. Scholars of the discipline may approach their analysis from the perspective of different schools of economic thought, such as mainstream economics, Marxian economics, the Chicago school of economics, and Keynesian economics.

Economic history is the academic study of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labor, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic force and attempting to provide insights into the way it is structured and conceived.Using both quantitative data and qualitative sources, economic historians emphasize understanding the historical context in which major economic events take place. They often focus on the institutional dynamics of systems of production, labor, and capital, as well as the economy's impact on society, culture, and language. Scholars of the discipline may approach their analysis from the perspective of different schools of economic thought, such as mainstream economics, Marxian economics, the Chicago school of economics, and Keynesian economics.Sub-disciplines of the field include financial and business history, which overlaps with areas of social history such as demographic and labor history. The quantitative (econometric) study of economic history is also known as cliometrics.[1] Historians have recently re-engaged with the study of economic history in a new field calling itself history of capitalism.[2]

Answered by PreciouStone
31

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⏩Economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth.

⏩In the 19th century economics was the hobby of gentlemen of leisure and the vocation of a few academics; economists wrote about economic policy but were rarely consulted by legislators before decisions were made.

⏩Today there is hardly a government, international agency, or large commercial bank that does not have its own staff of economists.

⏩ Many of the world’s economists devote their time to teaching economics in colleges and universities around the world, but most work in various research or advisory capacities, either for themselves, in industry, or in government.

⏩Still others are employed in accounting, commerce, marketing, and business administration; although they are trained as economists, their occupational expertise falls within other fields.

⏩Indeed, this can be considered “the age of economists,” and the demand for their services seems insatiable.

⏩ Supply responds to that demand, and in the United States alone some 400 institutions of higher learning grant about 900 new Ph.D.’s in economics each year.

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