The difference between traditional economic development theory and social development theory

The so-called traditional economics refers to the science that studies various economic activities and economic relations in human society and their development logic and laws on the theoretical premise of "economic man".

Modern economics, on the other hand, is an economic theoretical system that takes the law of economic development in the era of intelligent economy as the object, takes added value as the core concept and takes modern economic system and modern industrial body as the basic concepts to guide and promote high-quality economic development and sustainable social development.