economic phenomena sentence in Hindi
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- The Austrian School is a school of economic thought which bases its study of economic phenomena on the interpretation and analysis of the purposeful actions of individuals.
- But unlike traditional pundits, who often oversimplify complex economic phenomena for a mass audience, these people say their theories are simply too complicated for most people to grasp.
- Most importantly he fundamentally rejected the use of mathematical methods insisting that the function of economics was to investigate the essences rather than the specific quantities of economic phenomena.
- Contemporary economic sociology may include studies of all modern social aspects of economic phenomena; economic sociology may thus be considered a field in the intersection of economics and sociology.
- In 2001, Hoppe published " Democracy : The God That Failed " which examines various social and economic phenomena which, Hoppe argues, are problems caused by democratic forms of government.
- Cliffe Leslie defended the inductive method in political economy, against the attempt to deduce the economic phenomena of a society from the so-called universal principle of the desire of wealth.
- In this context, we may include the study of the relations between the distribution of particular economic phenomena and the distribution of more general phenomena such as income or patrimony.
- The stringency of the simplifying assumptions inherent in this approach make the model considerably more tractable, but may produce results which, while seemingly precise, do not effectively model real-world economic phenomena.
- The discipline should not be defined in terms of a set of favoured assumptions or techniques, but in terms of the use of rigorous scientific approaches to understand and explain economic phenomena.
- Lastly, it's the convenient way in which socio-economic phenomena are usually explained away not in socio-economic terms but through conspiracies and broad generalisations which can unfortunately take the form of blatant racism.
- Many spatial economic topics can be analyzed within either an urban or regional economics framework as some economic phenomena primarily affect localized urban areas while others are felt over much larger regional areas.
- This contrasted sharply with the approach of the Austrian economists who sought to explain economic phenomena as resulting from individual action and from the social interaction of individuals ( the principle of methodological individualist ).
- There is a school of thought among economic historians that splits economic history the study of how economic phenomena evolved in the past from historical economics testing the generality of economic theory using historical episodes.
- Ontological questions continue with further " what is . . . " questions addressed at fundamental economic phenomena, such as " what is ( economic ) value ? " or " what is a market ? ".
- It is an analysis which only aims to define the " essence " of economic phenomena ( i . e . what their true or overall significance is ), based on a critical inspection of the evidence.
- An economic geographer will often take a more holistic approach in the analysis of economic phenomena, which is to conceptualize a problem in terms of space, place and scale as well as the overt economic problem that is being examined.
- As the specific claims of robust neoclassicism fade into the history of economic thought, an orientation toward situating explanations of economic phenomena in relation to rationality has increasingly become the touchstone by which mainstream economists identify themselves and recognize each other.
- The sociological subfield of economic sociology arose, primarily through the work of �mile Durkheim, Max Weber and Georg Simmel, as an approach to analysing the effects of economic phenomena in relation to the overarching social paradigm ( i . e . modernity ).
- Unsatisfied with the traditional explanations and approaches of economists-which usually prioritized simplified approaches for the sake of soluble theoretical models over agreement with empirical data-they applied tools and methods from physics, first to try to match financial data sets, and then to explain more general economic phenomena.
- While economics traditionally focused on markets and masculine-associated ideas of autonomy, abstraction and logic, feminist economists call for a fuller exploration of economic life, including such " culturally feminine " topics such as family economics, and examining the importance of connections, concreteness, and emotion in explaining economic phenomena.
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