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Praxis II 5081 Economics

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Adam Smith

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Terms in this set (57)

Considered to be the founder of ecomonics

Wealth of Nations

published in 1776; analysis of a market economy

society wants distribution of goods and services to conform with the notion of "fairness".

Classical, Keynesian,Monetary,and Neoclassical

The four general view points about the workings of markets is?

The study of the individual parts that make up the economy, includes households, business firms, and government agencies.