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  2. Three-sector model - Wikipedia

    en.wikipedia.org/wiki/Three-sector_model

    Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.

  3. The Use of Knowledge in Society - Wikipedia

    en.wikipedia.org/wiki/The_Use_of_Knowledge_in...

    Regarded as a seminal work, [6] [7] [8] "The Use of Knowledge in Society" was one of the most praised [9] and cited [10] articles of the twentieth century. The article managed to convince market socialists and members of the Cowles Commission (Hayek's intended target) and was positively received by economists Herbert A. Simon, Paul Samuelson, and Robert Solow.

  4. Positive and normative economics - Wikipedia

    en.wikipedia.org/wiki/Positive_and_normative...

    In the philosophy of economics, economics is often divided into positive (or descriptive) and normative (or prescriptive) economics.Positive economics focuses on the description, quantification and explanation of economic phenomena, [1] while normative economics discusses prescriptions for what actions individuals or societies should or should not take.

  5. Economic system - Wikipedia

    en.wikipedia.org/wiki/Economic_system

    An economic system can be considered a part of the social system and hierarchically equal to the law system, political system, cultural and so on. There is often a strong correlation between certain ideologies, political systems and certain economic systems (for example, consider the meanings of the term "communism"). Many economic systems ...

  6. Economic history - Wikipedia

    en.wikipedia.org/wiki/Economic_history

    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.

  7. Economics - Wikipedia

    en.wikipedia.org/wiki/Economics

    The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".

  8. Essay - Wikipedia

    en.wikipedia.org/wiki/Essay

    Examples of expository essays are: a medical or biological condition, social or technological process, life or character of a famous person. ... An economic essay can ...

  9. Essays in Economic & Business History - Wikipedia

    en.wikipedia.org/wiki/Essays_in_Economic...

    Essays in Economic & Business History is an annual peer-reviewed academic journal covering economic and business history. It is published by the Economic & Business History Society. The editors-in-chief are Mark Billings (University of Exeter) and Daniel Giedeman (Grand Valley State University).