History A-Level
Early economic theory and quantity theory
What Early economic theory and quantity theory means in History A-Level, as defined for Pearson Edexcel.
Definition of Early economic theory and quantity theory
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Reference: Pearson Edexcel
Martín de Azpilcueta argued in 1556 that money is worth less where it is abundant, an early quantity-theory insight linking plentiful silver to higher prices.
Topics that use Early economic theory and quantity theory
- Paper 3, Option 32: The Golden Age of Spain, 1474–1598 - 3 The price revolution and its impact, c1500–c1570 (Pearson Edexcel A-Level)
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