Bristol, United Kingdom

Global Political Economy

Master's
Language: EnglishStudies in English
Subject area: social
Qualification: MRes
Kind of studies: full-time studies, part-time studies
University website: www.bristol.ac.uk
Economy
An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents. Understood in its broadest sense, 'The economy is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. However, monetary transactions only account for a small part of the economic domain.
Global
Global means of or referring to a globe and may also refer to:
Political Economy
Political economy is the study of production and trade and their relations with law, custom and government as well as with the distribution of national income and wealth. Political economy as a discipline originated in moral philosophy in the 18th century and sought to explore the administration of states' wealth, with "political" signifying the Greek word polity and "economy" signifying the Greek word "okonomie" or "household management". The earliest works of political economy are most often attributed to British scholars like Adam Smith, Thomas Malthus and David Ricardo, although the case is sometimes made that the still earlier works of the French physiocrats constitute the true beginnings of the discipline.
Political Economy
Political economy has only become a science since it has been confined to the results of inductive investigation.
Jean-Baptiste Say, A Treatise On Political Economy (Fourth Edition) (1832), Introduction, p. xxvi
Political Economy
Assume that the new elite were clearly and simply to proclaim its intentions which are to supplant the old elite; no one would come to its assistance, it would be defeated before having fought a battle. On the contrary, it appears to be asking nothing for itself, well knowing that without asking anything in advance it will obtain what it wants as a consequence of its victory.
Vilfredo Pareto, Manual of Political Economy, page 92
Political Economy
The whole Marxian system springs from classical political economy as it found expression in Ricardo.
Eric Roll, Baron Roll of Ipsden, A History of Economic Thought (1939), Chapter IV, The Classical System, p. 193
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