Part 1/9:
Economic Schools of Thought: An In-Depth Overview
Economics, often considered a social science, is a field that encompasses various schools of thought, each with its unique perspective on understanding human behavior and market dynamics. In this article, we will explore the major schools of economics, including Classical, Neoclassical, Keynesian, Austrian, and Institutional Economics, and how they report different views on government intervention, market behavior, and the nature of economic value.