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Key Economists Who Shaped The World We Live In

Key: Rob’s comments are in italics, Derek’s comments in normal font.

Introduction to Economics

Our topic today is economics and an introduction to some of the key people throughout history that have helped develop economics and economic theory, because we think that understanding these people and their thinking helps to understand the world as it is today. So, I think, firstly, let's maybe just start by defining what is economics?

Okay, so I think if you asked 20 economists, you'd probably get 20 definitions. But, I mean, broadly, it's the theory about how resources are allocated between…

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