Important Economist and their theories

???????????????????????????????????? ???????????????????????????????????? ???????????? ???????????????????? ????????????????????????????????.

???????????????????????????????? “????????????????ℎ???????????????????? ????ℎ????????????????” ????ℎ???????? ???????????????? ???????????????? ????????????????.

Adam Smith:

Image result for adam smith

Adam smith has authored a book “???????? ???????????????????????????? ???????????????? ???????????? ???????????????????????? ???????????? ???????????????????????? ???????? ???????????? ???????????????????????? ???????? ????????????????????????????” In this Adam Smith defined economics as a science of wealth. He proposed two requirements in his system: the market must be free from government intervention and competition must be in full range. But he put wealth above human. He described children and old age people as secondary, because they cannot contribute in production.

David Recardo:

Image result for david ricardo

David Ricardo is most remembered for his “???????????????????????? ???????? ???????????????????????????????????????????? ????????????????????????????????????”.This theory deals with international trade where one country involves in export or import of goods and services with other countries.

Thomas Malthus:

Related image

???????????????????????? ???????????????????????????? ???????????? ???????????? ???????????????????? ???????????????????????????????????????????????????? ???????? ???????????? ???????????????????????? ???????????????????????????????? ????????????????????????: ???????????? ???????????????????????????????????????? ???????????????????????? ???????????? ???????????? ???????????????????????? ???????? ???????????????????????? ????????????????????. Thomas Robert Malthus was the first economist to propose a systematic theory of population. He articulated his views regarding population in his famous book, Essay on the Principle of Population (1798). He stated that population, when unchecked, increases at a geometrical ratio while food production increases only in an arithmetical ratio.

John Meynard Keynes:

Image result for john maynard keynes

John Meynard Keynes revolutionized the economists’ conceptions about economics. He says that the state can stimulate economic growth and restore stability in the economy through expansionary policy like massive spending on infrastructure when demand is low and growth rate is falling. ???????????????????????????????? ???????? ???????????????????????? ???????????????? ???????????????????????????????????? ???????? ???????????? ???????????????? :???????????????????????????? ???????????????????????? ???????? ????????????????????????????????????????, ???????????????????????????????? ???????????? ???????????????????? . ???????? ???????? ???????????????? ???????????????????? ???????? ???????????? ???????????????????????? ???????? ???????????????????? ???????????????? ???????????? ????????????(???????????????????????????????????????????????????? ???????????????????????????????? ????????????????)

Leave a Comment

× WhatsApp Us (24x7) for queries