CA Foundation Economics
CA Foundation Economics : 1. Alfred Marshal (British)- -Demand -Time concept -Diminishing utility -Marginal Utility Approach -Time element to differentiate market -Welfare -Study of Mankind 2. Adam Smith - -Nature & Causes of Wealth of Nation (1776). -Father of Economics -Definition of Wealth 3. Joel Dean - Business Economics 4. JB Say - Economics is the science of growth 5. Nicholas Kardos - Cobweb theory 6. HA Simon - Satisfying Behavior 7. Olaf Hamler - Delphi Method/Expert Opinion 8. Hicks & Allen - Indifference Curve 9. L Robbins - -Nature & Significance of Economics -Scarcity of resources -Positive science 10. Samuelson - Growth of business 11. AC Pigou - -Measuring rod of money -Welfare in economy Business -Optimism & pessimism 12. F Knight - Risk 13. Schumpeter - Innovation 14. A.A Berle & GC Means - Separation of m...