1. “…the two great forming agencies of the world’s history have been the religious and the economic” [as cited in Heilbroner, 1996, p. 229].
What does Marshall mean by this? Explain by giving the context of this quotation and relate it to the course objectives.
2. Walras introduces a distinction between the pure theory of economics and applied economics ( starting: Heilbroner 1996, p. 224).
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