History of Economic Thought

This class was created by Brainscape user Niamh Duffy. Visit their profile to learn more about the creator.

Decks in this class (17)

Methodology of Economics (Lecture One)
What are the main definitions of ...,
Describe the hypothetical deducti...,
Compare popper s falsification cr...
19  cards
Methodology of Economics: Key Words and Concepts
Demarcation criteria 1,
Falsification 2,
Induction 3
17  cards
Pre-Classical Economics (L2)
Describe the notion of wealth acc...,
Explain the mercantilists underst...,
Describe the policy recommendatio...
16  cards
Pre-Classical Economics: Key Words and Concepts
Mercantilism 1,
Physiocracy 2,
Notion of wealth mercantilists 3
19  cards
Classical Political Economy: Key Words and Concepts
Labour theory of value 1,
Natural price 2,
Subsistence wage 3
16  cards
Classical Political Economy (L3)
What is the labour theory of valu...,
Describe the concept of diminishi...,
What is say s law and how does it...
20  cards
Marginalists and Neoclassical Economics: Key Words and Concepts
Marginalism 1,
Marginal utility 2,
Marginal productivity 3
18  cards
Marginalists and Neoclassical Economics (L4)*
Describe the role of marginal uti...,
Explain the concept of marginal p...,
What is general equilibrium theor...
25  cards
Marginalists and Neoclassical Economics (L4)
Describe the role of marginal uti...,
Explain the concept of marginal p...,
What is general equilibrium theor...
10  cards
Keynesian Revolution and Neoclassical Economics (L5)
What were the key contributions o...,
How does keynes s concept of effe...,
Explain the marginal efficiency o...
20  cards
Keynesian Revolution and Neoclassical Economics: Key Words and Concepts
Marginal efficiency of capital mec 1,
Liquidity preference theory 2,
Phsycological law of consumption 3
14  cards
Marxian Economics (L6)
What is historic materialism and ...,
Explain marx s labour theory of v...,
What are the contradictions of ca...
14  cards
Marxian Economics: Key Words and Concepts
Historic materialism 1,
Surplus labour 2,
Alienation 3
11  cards
The Austrian School of Economics (L7)
What are the main critiques of th...,
How does the austrian school expl...,
What is the austrian perspective ...
18  cards
The Austrian School of Economics: Key Words and Concepts
Austrian method 1,
Subjective theory of value 2,
Time preference theory of interest 3
21  cards
Post-Keynesian School (L8)
What is the post keynesian critiq...,
How does minsky s financial insta...,
What is the post keynesian view o...
20  cards
Post-Keynesian School: Key Words and Concepts
Effective demand principle 1,
Fundamental uncertainty 2,
Chartalism 3
15  cards

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History of Economic Thought

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