Tableau économique (economic flow model)

E605388

The Tableau économique is an 18th-century economic model devised by François Quesnay that depicts the circular flow of income and production among social classes, laying foundational ideas for classical and macroeconomic analysis.

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Tableau économique (economic flow model) canonical 1

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Predicate Object
instanceOf 18th-century economic work
circular flow model
economic model
physiocratic theory
aimedToShow conditions for economic equilibrium
conditions for economic growth
asserts agriculture is the only productive sector
author François Quesnay NERFINISHED
countryOfOrigin France
creator François Quesnay NERFINISHED
depicts flows between artisans and merchants
flows between farmers
flows between landlords
describes circular flow of income
circular flow of production
distribution of surplus
interdependence of economic classes
reproduction of the economic system
focusesOnSector agriculture
hasCentralConcept net product
productive class
proprietary class
sterile class
historicalSignificance one of the first formal economic models
precursor of national income accounting
influenced Karl Marx NERFINISHED
Leon Walras NERFINISHED
Piero Sraffa NERFINISHED
circular flow diagrams in economics
classical economics
economic reproduction schemes
input–output analysis
macroeconomic analysis
influencedBy Physiocracy NERFINISHED
language French
models circular flow of goods
circular flow of monetary payments
partOf Physiocratic school of economics NERFINISHED
publicationCentury 18th century
publicationYear 1758
relatedConcept circular economy in classical sense
economic surplus
social classes
supportsPolicy laissez-faire
single tax on land
usesRepresentation diagram
table

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François Quesnay notableIdea Tableau économique (economic flow model)