Political Economy

What makes a nation

wealthy?
What is the proper role of
government in political
and economic activity?
 Political Economy

Politics Economics
 Politics
Collective decisions

Government

Authority or power

Law or policy
Economics
Allocation
Demand and Supply
Shortage and Surplus
Proprietorship
Economics Organization
Act of coordinating the
other factors of production
Land
Proprietorship
Emergence of the Different
Political Ideologies
Francois Quesnay (Tableau Economics)
Mercantilism
David Ricardo (Law of Diminishing
Marginal Returns)
Thomas Robert Malthus (An Essay on the
Principles of Population)
Fascism/Dictatorship/Totalitarian
Adam Smith ( Laissez Faire )
Liberal Democracy
Karl Marx ( Das Kapital )
Communism
John Maynard Keynes (Law
of Supply and Demand)
Socialism
What political ideologies do you think
is suitable in our country today?
Why?
Elucidate your Answer