Economic history is the study of economies or economic phenomena in the past. Analysis in economic history is undertaken using a combination of historical methods, statistical methods, and by applying economic theory to historical situations and institutions. The topic includes business history, financial history and overlaps with areas of social history such as demographic history and labor history. Quantitative (econometric) economic history is also referred to as Cliometrics.
Read more about Economic History: Development As A Separate Field, Relationship Between Economics and Economic History, Nobel Prize Winning Economic Historians, Notable Economic Historians
Famous quotes containing the words economic and/or history:
“It does not follow, because our difficulties are stupendous, because there are some souls timorous enough to doubt the validity and effectiveness of our ideals and our system, that we must turn to a state controlled or state directed social or economic system in order to cure our troubles.”
—Herbert Hoover (1874–1964)
“The history of mankind interests us only as it exhibits a steady gain of truth and right, in the incessant conflict which it records between the material and the moral nature.”
—Ralph Waldo Emerson (1803–1882)