An economic diagram' is a diagram in the field of economics, which represents some sort of economic features.

Overview

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  • "Figures are part of the basic toolbox of the modern economist"[1]
  • "Diagrams are used in investigation and exploration leading to discovery. Diagrams illustrate a discovery arrived at by other means: observation, intuition, logic, mathematics..."[2]

History

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  • "... the two editors provide ... as a short history of the use of figures and diagrams in economics. In the latter, they give some insights into periods—that is, basically, pre-1870—that are not covered in the book, which focuses on modern economics. Following the introduction, there is an interesting appendix that lists curves/diagrams in chronological order of their “discovery”, together with the name of the first economist to draw them (pp. 20-23)..."[3]

18th century

Types of economic diagrams

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Contemporary types of economic diagrams

Marco-economic and micro-economic diagrams

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Circular flow diagram

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Economic curves

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Economic maps

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References

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  1. ^ Blaug & Lloyd (2010, p. 5); as cited in Hughes (2011)
  2. ^ Hughes (2011)
  3. ^ Charles (2011, p.

Further reading

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Category:Diagrams Category:Economics models