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Economics: Difference between revisions
→Week 36 - Classical trade theories: sourcing definition of w:GDP from the 'pedia
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== Week 36 - Classical trade theories == | == Week 36 - Classical trade theories == | ||
'''Gross domestic product''' ('''[[w:GDP]]''') is the [[market value]] of all officially recognized final goods and services produced within a country in a given period of time. GDP [[per capita]] is often considered an indicator of a country's [[standard of living]] ( Wikipedia ) | |||
* '''[[w:David Ricardo]]''' (18 April 1772 – 11 September 1823) was a [[w:United Kingdom|British]] [[w:political economy|political economist]]. He was often credited with systematizing economics, and was one of the most influential of the [[w:classical economics|classical economists]], along with [[w:Thomas Malthus|Thomas Malthus]], [[w:Adam Smith|Adam Smith]], and [[w:John Stuart Mill|John Stuart Mill]]... | |||
* '''[[w:David Ricardo]]''' (18 April 1772 – 11 September 1823) was a [[w:United Kingdom|British]] [[w:political economy|political economist]]. He was often credited with systematizing economics, and was one of the most influential of the [[w:classical economics|classical economists]], along with [[w:Thomas Malthus|Thomas Malthus]], [[w:Adam Smith|Adam Smith]], and [[w:John Stuart Mill|John Stuart Mill]]... ( Wikipedia ) | |||
* '''[[w:International trade|International trade]] + [[w:History of international trade]]''' | * '''[[w:International trade|International trade]] + [[w:History of international trade]]''' | ||