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The historical school of economics was an approach to academic economics and to public administration that emerged in the 19th century in Germany, and held sway there until well into the 20th century. The professors involved compiled massive economic histories of Germany and Europe. Numerous Americans were their students.
The historical school of economics was an approach to academic economics and to public administration that emerged in the 19th century in Germany, and held sway there until well into the 20th century. The Historical school held that history was the key source of knowledge about human actions and economic matters, since economics was ...
Historical school of economics, branch of economic thought, developed chiefly in Germany in the last half of the 19th century, that sought to understand the economic situation of a nation in the context of its total historical experience.
The Historical school of economics was an approach to academic economics and to public administration that emerged in nineteenth century Germany, and held sway there until well into the twentieth century.
Historical School of Economics. Inheriting the German historical school view of the economy as an organic whole, institutionalism thereby developed and sanctioned the conceptualization and measurement of economic aggregates. From: International Encyclopedia of the Social & Behavioral Sciences, 2001. Related terms: Economic History; Economic ...
Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods , statistical methods and the application of economic theory to historical situations and institutions .
The historical school of economics was an approach to academic economics and to public administration that emerged in the 19th century in Germany, and held sway there until well into the 20th century. The professors involved compiled massive economic histories of Germany and Europe. Numerous Americans were their students. [1] .
