There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.
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1 Results in Economics, Monserrat
The well-being of society depends on the application of adequate economic policies, both at the level of individual agents and of macroeconomic policy makers. Although there a ... +