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BUSINESS ENGLISH 1, 2009/10, PE6 TEAM: NO NAME ŽELJKA LISEC, KATARINA LOVRIĆ, ANA LOVRIĆ, MARITA LASIĆ Famous economists
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The beginnings Economic schools Economists today
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The beginnings The Bible St. Thomas Aquinas Mercantilists
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The Classical School Adam Smith 1723 – 1790 An Inquiry into the Nature and Causes of the Wealth of Nations “invisible hand”
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The classical school David Ricardo 1772 – 1823 Principles of Political Economy and Taxation The Theory of Comparative Advantage
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Socialism Karl Marx 1818 – 1883 Capital Classless society
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Neoclassical School John Maynard Keynes 1883 – 1946 The General Theory of Employment, Interest and Money “visible hand”
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Paul Samuelson William Nordhaus Economists today
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Sources Njavro, Arbanas: Gospodarstvo – pregled ekonomske misli Samuelson, Nordhaus: Economics http://en.wikipedia.org
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Thank you for your attention!
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