There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Norway (Norge) is the westernmost, northernmost — and in fact the easternmost — of the three Scandinavian countries. Norway is well known for its amazing and varied scenery. The fjords in the west of the country are long narrow inlets, flanked on either side by tall mountains where the sea penetrates far inland. The ultimate responsibility for the education lies with the Norwegian Ministry of Education and Research.