2020-11-22T23:15:52+03:00[Europe/Moscow] en true ethology, Homo Economicus, political economy flashcards

Economics

economic terms and definitions

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  • ethology
    the study of human behavior and social organization from a biological perspective
  • Homo Economicus
    is the portrayal of humans as agents who are consistently rational, narrowly self-interested, and who pursue their subjectivity defined ends optimally.
  • political economy
    is the study of production and trade and their relations with law, custom, and government and with the distribution of national income and wealth.