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FOREIGN ECONOMIST John Maynard Keynes (1883 - 1946) John Maynard Keynes was a British economist, best known

for spearheading the revolution in economic thinking, which overturned the then existent ideas of neoclassical economics. Keynes is also regarded by many as the founder of modern theoretical macroeconomics. It was his ideas that formed the basis of an independent school of thought - Keynesian economics. His contributions to the field include some of the most useful economic concepts such as Liquidity Preference, Aggregate Demand-Aggregate Supply Model, etc. Milton Friedman (1912 - 2006) Yet another renowned figure in the field of economics, Milton Friedman was an American economist and statistician. An ardent advocate of laissez-faire capitalism, Friedman was awarded the Nobel Memorial Prize in Economics in 1976. He was best known for his demonstration of the complexity of stabilization policy - a policy which was introduced to stabilize the economy. Some of his prominent contributions to this field include the concept of Monetarism, Price Theory, Applied Macroeconomics, Friedman Test, etc. David Hume (1711 - 1776) David Hume was a renowned philosopher and economist hailing from Scotland. Even though he was more of a philosopher, he is regarded as one of the famous economists of the world as his discussions on politics led to development of several ideas that are prevalent in the field of economics. For instance, Hume was of the opinion that foreign trade is a stimulus for economic growth, and therefore is very important for the development of the nation. David Hume's contribution to economics include The Bundle Theory, Is-Ought Problem, Utility, etc. Irving Fisher (1867 - 1947) One of the famous American economists, Irving Fisher is best known for economic concepts such as the Fisher equation and Fisher separation theorem. It was his work on quantity theory of money that became the basis for the development of Milton Friedman's concept of 'monetarism'. Other than the Fisher equation and Fisher separation theorem, he is also known for contributions such as the Price Index, Philip's Curve, Monetary Illusion, etc. Thomas Robert Malthus (1766 - 1834) Not many people would need an introduction to the English demographer and political economist Thomas Robert Malthus, best known for his popularization of the economic theory of rent. He was one of those economists who played a crucial role in the development of the the first modern school of economic thought - classical economics. Thomas Malthus was one of the most influential, as well as the most controversial figure in the field of economics and politics. His major contribution to this field came in the form of the Malthusian Growth Model.

Friedrich Hayek (1899 - 1992) Friedrich Hayek was an Austrian-born economist and philosopher, best known for his support of classical liberalism and free-market capitalism. He was a member of the Austrian School of economics. The Hebbian Theory, Economic Calculation Problem, Price Signal, Spontaneous Order, etc. were some of his major contributions to economics. Hayek was awarded the Nobel Memorial Prize in Economics in 1974, which he shared with the Swedish economist Gunnar Myrdal. Joan Robinson (1903 - 1983) British economist Joan Robinson was one of the most famous women economists that the world has ever seen. She started off as a supporter of neoclassical economics, but eventually shifted bases to postKeynesian economics. Robinson was best known for her knowledge about monetary economics and contributions to economic theory. Her major contributions to post-Keynesian economics came in form of Cambridge Growth Theory and Amoroso-Robinson Relation. James Tobin (1918 - 2002) James Tobin was an American economist, who was one of the prominent figures involved in the development of Keynesian economics. He is best known for the Tobit model, which describes the relationship between a non-negative dependent variable and an independent variable. He was awarded the Nobel Memorial Prize in Economic Sciences in 1981. Other noteworthy contributions by James Tobin to the field of macroeconomics include Portfolio Theory and Tobin's q. Amartya Sen (1933 - present) One of the most famous economists of the 20th century, Amartya Sen, hailing from India, is best known for his human development theory - which is a combination of ecological economics, sustainable development, welfare economics, and feminist economics. Dr. Sen's contributions to welfare economics earned him the Nobel Prize in Economic Sciences in 1998. He was listed as one of the 100 most influential persons in the world by Time Magazine in 2010. Paul Krugman (1953 - present) Paul Krugman is an American economist best known for his work on international economics. The biography of Paul Krugman tells you exactly why he is considered to be one of the famous economists today. His noteworthy contributions in the field of economics include the International Trade Theory, New Trade Theory, New Economic Geography, etc. In fact, it was his work on the New Trade Theory and New Economic Geography that earned him a Nobel Memorial Prize in Economics in 2008. A columnist for The New York Times, Krugman has 20 books and over 200 scholarly articles to his credit.

Filipino Economists Felipe M. Medalla is a Filipino economist. He is a professor at the University of the Philippines School of Economics. He served as Socio-Economic Planning Secretary and the DirectorGeneral of the National Economic and Development Authority during the Estrada administration. Dante Canlas is a Filipino economist. He is a professor at the University of the Philippines

School of Economics. He served as Socio-Economic Planning Secretary and the DirectorGeneral of the National Economic and Development Authority from 2001-2002. Jos Encarnacin, Jr. (born November 17, 1928, Manila; died July 5, 1998, Quezon City) was professor of economics at the University of the Philippines, where he served as dean of the School of Economics from 1974 until his retirement in 1994. Gerardo Sicat is a Filipino economist and professor emeritus at the University of the Philippines School of Economics. He was the first Director-General of the National Economic and Development Authority. Perfecto V. Fernandez was born on May 31, 1931 in San Fabian, Pangasinan and obtained his law degree in 1957. Thereafter he took the bar, and was the 10th placer in the 1958 bar exams. He was married to the former Albina Peczon in 1959. Cielito Flores Habito[2] (born April 20, 1953)[1] or "Ciel" Habito is a Filipino economist, professor, and columnist. He served concurrently as the Director-General of the National Economic and Development Authority and Socio-Economic Planning Secretary during the Ramos administration. Bernardo Villegas is a Filipino writer, thinker and economist. He was a member of the Constitutional Commission that drafted the Philippine Constitution under the government of former President Corazon Aquino.[1] He has been an advisor of the recent Philippine Presidents. He is currently a University Professor and Senior Vice-President at the University of Asia and the Pacific (UA&P), the Chairman of the Center of Research and Communication, and a member of the Board of Trustees of the Makati Business Club.[2] He is visiting professor at IESE. Diosdado Pangan Macapagal (September 28, 1910 April 21, 1997) was the ninth President of the Philippines, serving from 1961 to 1965, and the sixth Vice President, serving from 1957 to 1961. He also served as a member of the House of Representatives, and headed the Constitutional Convention of 1970. He is the father of Gloria Macapagal-Arroyo, who served as the 14th President of the Philippines from 2001 to 2010. Maria Gloria Macapagal-Arroyo (born April 5, 1947) is a Filipino politician who served as the 14th President of the Philippines from 2001 to 2010, as the 12th Vice President of the Philippines from 1998 to 2001, and is currently a member of the House of Representatives representing the 2nd District of Pampanga. She was the country's second female president (after Corazn Aquino), and the daughter of former President Diosdado Macapagal. Manuel "Mar" Araneta Roxas II (born May 13, 1957) is a former Senator of the Philippines. He is the son of former Senator Gerry Roxas, and the grandson of formerPresident Manuel Roxas and industrialist J. Amado Araneta. Renato V. Diaz (born December 18, 1945), is a prominent Filipino businessman, economist and a former congressman representing the 1st District of Nueva Ecija from 1992-1998. He is presently the President and Chief Executive Officer of Bancommerce Investment Corporation, one of the leading investment banks in the Philippine Jose Clemente "Joey" Sarte Salceda (born October 26, 1961[1]) is the governor of the province

of Albay in the Philippines. Prior to that, he was a three-year term representative of the Third District of Albay and was appointed as Presidential Chief of Staff on February 10, 2007 after the resignation of Michael Defensor before he himself resigned on March 29, 2007 to pursue his gubernatorial bid in his province. He is a member of the one of two dominant parties known as the Kabalikat ng Malayang Pilipino,[2] although it was known that he ran for governor and won as an independent in the 2007 elections. Solita Collas-Monsod, popularly known as Mareng Winnie, is a Filipino broadcaster, host, economist, professor, and writer. Professor Monsod is best remembered for her role as Socio-economic Planning Secretary during the term of President Corazon Aquino and as a co-host in the GMA Network show Debate with Mare and Pare with former Pangasinan Governor and 1998 vice presidential candidate Oscar Orbos. Juanita Amatong (born March 23, 1935)[1] is a member of the Monetary Board of the Philippines, a policy-making body of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines), and former Secretary of Finance in the Gloria Macapagal-Arroyo administration. Amatong has been in government service since 1971 starting as Senior Financial Analyst. Prior to her appointment as Secretary, she served as Undersecretary and eventually as Acting Secretary of the Department of Finance.[1] She also served as the first woman executive director in the World Bank Group from the Philippines. Leonor Magtolis Briones is a professor at the University of the Philippines and a former Presidential Adviser for Social Development with Cabinet Rank at the Office of the President.[1] She is best known for her stint as Treasurer of the Philippines from August 1998 to February 2001.
Leonor Magtolis Briones is a professor at the University of the Philippines and a former Presidential Adviser for Social Development with Cabinet Rank at the Office of the President.[1] She is best known for her stint as Treasurer of the Philippines from August 1998 to February 2001. Jose Clemente "Joey" Sarte Salceda (born October 26, 1961[1]) is the governor of the province of Albay in the Philippines. Prior to that, he was a three-year term representative of the Third District of Albay and was appointed as Presidential Chief of Staff on February 10, 2007 after the resignation of Michael Defensor before he himself resigned on March 29, 2007 to pursue his gubernatorial bid in his province. He is a member of the one of two dominant parties known as the Kabalikat ng Malayang Pilipino,[2] although it was known that he ran for governor and won as an independent in the 2007 elections. Corazon Aquino. He has been an advisor of the recent Philippine Presidents. He is currently a University Professor and Senior Vice-President at the University of Asia and the Pacific (UA&P), the Chairman of the Center of Research and Communication, and a member of the Board of Trustees of the Makati Business Club. He is visiting professor at IESE. Gerardo Sicat is a Filipino economist and professor emeritus at the University of the Philippines School of Economics. He was the first Director-General of the National Economic and Development Authority.

Dante Canlas is a Filipino economist. He is a professor at the University of the Philippines School of Economics. He served as Socio-Economic Planning Secretary and the Director-General of the National Economic and Development Authority from 2001-2002. Jos Encarnacin, Jr. (born November 17, 1928, Manila; died July 5, 1998, Quezon City) was professor of economics at the University of the Philippines, where he served as dean of the School of Economics from 1974 until his retirement in 1994.

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