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Q.

Who is called the father of Economics?

Tags: economics, relationships, careers
Asked by divya kulkarni, 17 Dec '12 12:36 pm
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Answers (12)

1.

A) Chankya/ Kautilya the author of Arthshastra
b) Adam Smith
Answered by Anil K Chugh, 18 Dec '12 02:42 pm

 
  
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2.

Chanakya
Answered by Joseph Chacko, 17 Dec '12 12:44 pm

 
  
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3.

Chankya must be regardes as this.
Answered by ajay, 18 Dec '12 02:55 pm

 
  
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4.

Adam Smith.
Answered by anil garg, 17 Dec '12 03:32 pm

 
  
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5.

Adam Smith.
Answered by amitava duttamajumdar, 17 Dec '12 02:49 pm

 
  
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6.

Dr Adam Smith
Answered by anantharaman, 17 Dec '12 02:35 pm

 
  
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7.

Ibn Khaldun of Tunisia ] who is considered a forerunner of modern economists. Ibn Khaldun wrote on economic and political theory in the introduction, or Muqaddimah (Prolegomena), of his History of the World (Kitab al-Ibar). In the book, he discussed what he called asabiyya (social cohesion), which he sourced as the cause of some civilizations becoming great and others not. Ibn Khaldun felt that many social forces are cyclic, although there can be sudden sharp turns that break the pattern
This analysis anticipates the modern economic concept known as the Laffer Curve.

Ibn Khaldun also introduced the labor theory of value. He described labor as the source of value, necessary for all earnings and capital accumulation, obvious in the case of craft. He argued that even if earning "results from something other than a craft, the value of the resulting profit and acquired (capital) must (also) include the value of the labor by which it was obtained. Without labor, it would not have been ac ...more
Answered by truth exposed, 17 Dec '12 12:52 pm

 
  
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8.

Adam Smith.
Answered by Om Shrivastava, 17 Dec '12 12:51 pm

 
  
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9.

Chanakya ......is the real Economist who had devised the complex economic theory...
Answered by Pradipta pati, 17 Dec '12 12:43 pm

 
  
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10.

Pamulaparthi Venkata Narasimha Rao is called father of indian economics
Answered by Psycho, 17 Dec '12 12:40 pm

 
  
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