Subject History

History: Economics of large industry

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  • Name: Economics of large industry
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    "Economics of large industry" is the flow of money through businesses.

    A few scholars of "Economics of large industry" include Daniel McFadden, co-recipient of the 2000 ‘Nobel Memorial Prize in Economic Sciences', Milton Friedman a famous Economist, Richard Thaler, who won the Nobel Memorial Prize in Economic Sciences in 2017.

    Some subfields in "Economics of large industry" include company finances, how money trickles down once a company is paid, what effects the company's income have on employees and local community.

    Why study "Economics of large industry"? understand how the local & general community is affected by large businesses, How the country runs and our imports and exports.