Cambridge Economics

Cambridge Economics is a school of thought originating from the University of Cambridge that emphasizes the role of real-world institutions, historical context, and social factors in understanding economic behavior. It focuses on how markets are shaped by individual decisions, government policies, and societal structures, rather than relying solely on mathematical models. This approach considers the importance of ethics, power dynamics, and long-term sustainability in economic analysis. It aims to provide a more comprehensive understanding of economic systems by integrating social and political influences, offering insights into issues like inequality, development, and economic stability.