CUET Preparation Today
| What was the philosophical premise behind the formation of economics as a modern discipline? |
Economics emerges from a philosophical premise that the economy is a separate part of society which operates with its laws. Economics is ultimately related to the state and other political institutions. The interconnectedness of social factors and economics was the basis of economics. The belief in Christ and the logic of next world |
| Economics emerges from a philosophical premise that the economy is a separate part of society which operates with its laws. |
| Modern economics developed from the ideas of early thinkers such as Adam Smith, and is based on the idea that the economy can be studied as a separate part of society that operates according to its laws, leaving out the larger the social or political context in which markets operate. In In contrast to this approach, |
