School of Economics
Transcript: DD/MM/YYYY Economics Who is Adam Smith? What is the Wealth of Nations? What is the Invisible Hand? TITLE Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith. The Invisible Hand is an economic concept that describes the unintended greater social benefits and public good brought about by individuals acting in their own self-interests. “Das Kapital” Das Kapital, also known as Capital: A Critique of Political Economy or sometimes simply Capital, is a foundational theoretical text in materialist philosophy, economics and politics by Karl Marx TITLE TITLE Karl Heinrich Marx was a german philosopher economist, historian, socialist,political theorist, journalist, and socialist revolutionary. I think it will be Germany. Who is Karl Marx? What country embraced this economic theory? “ Who is Alfred Marshall? “Classical Economics” Alfred Marshall was an FAB English economist, Alfred Marshall was the person who was the one of the most influential of his time. TITLE “Classical Economics” Classical economics or classical political economy is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. TITLE Who is John Keynes? “Deficit Spending” “Mr. Macro Economics” TITLE John Maynard Keynes, (born June 5, 1883, Cambridge, Cambridge shire, England—died April 21, 1946, Filer, Sussex), English economist, journalist, and financier, best known for his economic theories (Keynesian economics) on the causes of prolonged unemployment. “Mr. Macro Economics” Mr. macro economics is it like a part of a job. and their are some parts of being unemployed: their could be, frictional ,structural, and seasonal. TITLE Who is Milton Friedman? ‘Chicago School of Economics” Milton Friedman was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. TITLE ‘Chicago School of Economics” The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. TITLE
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