| |
| |
NationMaster - Encyclopedia: Marxist economics (Site not responding. Last check: 2007-10-10) |
 | | The adherents of Marxian economics, particularly in academia, distinguish it from Marxism as a political ideology, arguing that Marx's approach to understanding the economy is an intellectually valuable one, independent of Marx's advocacy for revolutionary socialism or the inevitability of proletarian revolution. |
 | | To some, Marxian economics may be viewed not as an all-encompassing approach, but as one important element in an analytical toolset--perhaps part of a broader category of heterodox economics or radical political economy. |
 | | Economics, which focuses on measurable variables, is broadly divided into two main branches: microeconomics, which deals with individual agents, such as households and businesses, and macroeconomics, which considers the economy as a whole, in which case it considers aggregate supply and demand for money, capital and commodities. |
| www.nationmaster.com /encyclopedia/Marxist-economics (1346 words) |
|