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Economics at university

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John Kay

Famous economists

How did economics develop as a subject for study? And who helped to shape the way economists think? Here we highlight the contributions of some famous economists

In his book An Inquiry into the Nature and Causes of the Wealth of Nations (1776), Adam Smith was perhaps the first writer to draw together economic ideas. This included key ideas still recognised today, for example:

• the division of labour, which captures the benefits from specialisation

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Previous

Economics at university

Next

John Kay

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