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I received the following inquiry from the Eh.Net ASK THE PROF service: 
 
Today economics is mostly divided into two main categories: microeconomics 
and macroeconomics; it wasnt like that in the past and so it is very 
difficult to understand material from (or about) those periods. I would 
like to know the modern equivalent of the terms used in the past to name 
the diferent branches of economic science; for instance, I think that "pure 
economy" corresponded pretty much to today's microeconomics, or was it 
"value theory"? Other cases would be "Business Cycle theory", "Monetary 
theory", "Capital theory", "Dynamic economics", "Wages theory", "Exchange 
theory", and any others you can think of.  
 
Ross Emmett 
 
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