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.

Serbia (Serbian: Србија, Srbija) is a country located in the Balkans, in Southern Europe. During the summer tourists love spending their time in Belgrade and enjoy the nature of many national parks throughout the country. Most European nationals need no visa for entering Serbia.