1.

The relationship between history of economics thought and economic history:

While History of Economic Thought deals with the development
of economic ideas, Economic History is a study of the economic development of
a country. ... Ideas and environment are equally important and hence
close relationship between History of Economic Thought and Economic History.

2. Significances of history of economic thought

3. Plato’s republic: The Republic is arguably the most popular and most widely
taught of Plato's writings. Although it contains its dramatic moments and it
employs certain literary devices, it is not a play, a novel, a story; it is not, in a
strict sense, an essay. It is a kind of extended conversation that embraces a
central argument, an argument that is advanced by the proponent of the
argument, Socrates. The Republic may be seen as a kind of debate, a fitting
description for most of the Dialogues.

One of Plato's most famous works, which can be attributed to the lessons he
learned from Socrates, was The Republic. This is also considered to be the first
book on political science or government and uses the Platonic method to reason
through ideas on justice. In the book, a group decides to create an imaginary city
to define what justice looks like. The city is divided into classes: the Rulers who
have an understanding of right and wrong, the Guardians who protect the city
and care for its people, and the Producers who provide goods and services for
the people.

4. Plato’s communism: The "platonic Communism". Philosophers must seek the

general welfare and so, trying to avoid temptations and useless distractions, they
neither have private property nor family; their main purpose is wisdom which
enables them to carry out their mission of government. Soldiers also sacrifice
family and private property, only the craftsmen are allowed to them (though
limited and controlled by the State). Craftsmen do not need education, except
the professional for their own tasks, and they must obey political powers. In this
ideal State only a very best selected minority have power. Though the social
classes are not closed up, social mobility is controlled by rigorous criterion.
Plato’s ideal State is clearly aristocratic. Finally, along with this description of the
ideal society, Plato describes and assesses the actual forms of government:
there are five, but they all come from the monarchy or aristocracy by progressive
decay: military dictatorship, oligarchy, democracy and, the worse of all, tyranny.
 Monarchy or aristocracy is the most perfect form of government: is the
government of the best individuals.

5. Roman law: Roman law is the legal system of ancient Rome, including the legal
developments spanning over a thousand years of jurisprudence, Roman law
forms the basic framework for civil law, the most widely used legal system today,
and the terms are sometimes used synonymously. The historical importance of
Roman law is reflected by the continued use of Latin legal terminology in many
legal systems influenced by it, including common law. Roman law also denoted
the legal system applied in most of Western Europe until the end of the 18th
century. In Germany, Roman law practice remained in place longer under
the Holy Roman Empire (963–1806). Roman law thus served as a basis for legal
practicethroughout Western continental Europe, as well as in most former
colonies of these European nations, including Latin America, and also in
Ethiopia.

6. What is social division of the society during the Greek period

7. What is money value and exchange finance according to Aristotle

8. Economic idea of Plato and Aristotle