Economics: Difference between revisions

148 bytes added ,  5 September 2013
Line 166: Line 166:
* '''[[w:History of international trade]]'''
* '''[[w:History of international trade]]'''


* '''[[w:Income distribution|Income distribution]]''' is how a nation’s total [[w:GDP|GDP]] is distributed amongst its population. Income and distribution has always been a central concern of economic theory and economic policy. Classical economists such as [[w:Adam Smith]], [[w:Thomas Malthus]] and [[w:David Ricardo]] were mainly concerned with [[w:factor income distribution]], that is, the [[w:Distribution (economics)|distribution]] of [[w:income]] between the main [[w:factors of production]], land, [[w:Labour economics|labour]] and [[w:Capital (economics)|capital]]. ( Wikipedia )
* '''[[w:Income distribution|Income distribution]]''' is how a nation’s total [[w:GDP|GDP]] is distributed amongst its population. Income and distribution has always been a central concern of economic theory and economic policy. Classical economists such as [[w:Adam Smith|Adam Smith]], [[w:Thomas Malthus|Thomas Malthus]] and [[w:David Ricardo|David Ricardo]] were mainly concerned with [[w:factor income distribution|factor income distribution]], that is, the [[w:Distribution (economics)|distribution]] of [[w:income|income]] between the main [[w:factors of production|factors of production]], land, [[w:Labour economics|labour]] and [[w:Capital (economics)|capital]]. ( Wikipedia )


* '''[[w:Exchange rate|Exchange rate]]s'''


* '''[[w:Exchange rate]]s'''
* '''[[w:Devaluation|Devaluation]]'''


== Week 37 - Modern trade theories, trade policy ==
== Week 37 - Modern trade theories, trade policy ==