History of economic thought

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Revision as of 03:19, 16 March 2007 by imported>Aleksander Stos (eco WG)
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Economics is the social science that studies the production, distribution, and consumption of goods and services. The word 'economics' is from the Greek for οἶκος (oikos: house) and νόμος (nomos: custom or law), hence "rules of the house(hold)."