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Political Economy as a Student’s Required Academic Discipline.
By: Wheeler Randy
A student is required to take a course in high school or college that is dedicated to political economy. Political economy narrates a person about many countries’ trade unions and their cooperation with each other. Trade may even become a subject of secret service agencies’ interest at some point. An example to this would be U.S. officials’ blame for the attempt to dissolve the trade contract with China using subtle means of manipulation of the world’s economy. The following activity is best presented in the film ‘Spy game’ starring Robert Redford and Brad Pitt. Political economy also comprises many other activities enumerated in the list below:
1. Development of the term political economy. Political economy first appeared in the eighteenth century. The term was also referred to as economics unlike the term margianalism,[link widoczny dla zalogowanych], a term created by William Stanley Jevons and Alfred Marshall. Margianalism basically means certain connection between production and consumption.
2. Connection of political economy with political science,[link widoczny dla zalogowanych], history and administration. All these terms are interrelated. The only difference between them lies in the structure and its elements. Political science is connected with general study of politics and its basic concepts. Political history deals with the development and ancient flow of activities connected with politics. Political administration is connected with making a great politician and organizing everyone and everything around oneself in the most proper way. Political economy is connected with many countries’ and nations’ trade with one another. This is one of the most important aspects of the world economy.
3. Production of many books dedicated to the political economy. Many young businessmen and company directors want to become successful. Pretty often they hire professional image makes and PR-officials. These people work with the employees of the company in order to make it succeed and help this company omit making mistakes.
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