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Classical economics, classical political economy, or Smithian economics is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid-19th century. Its main thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart Mill.
- Economics
v. t. e. Economics ( / ˌɛkəˈnɒmɪks, ˌiːkə -/) [1] [2] is a...
- Neoclassical economics
Although the neoclassical approach is dominant in economics,...
- Economics
classical economics, English school of economic thought that originated during the late 18th century with Adam Smith and that reached maturity in the works of David Ricardo and John Stuart Mill. The theories of the classical school, which dominated economic thinking in Great Britain until about.
Classical economics is widely regarded as the first modern school of economic thought. The term "classical" refers to work done by a group of economists in the eighteenth and nineteenth centuries. Its major developers include Adam Smith, David Ricardo, Thomas Malthus and John Stuart Mill.
Apr 6, 2022 · Vikki Velasquez. Investopedia / Michela Buttignol. What Is Classical Economics? Classical economics is a broad term that refers to the dominant school of thought for economics in the 18th...
Classical economics. Classical economics is the first modern school of economic thought. Its main developers include Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Malthus and John Stuart Mill. [1]
