Integrative Social Contracts Theory is a theory of business ethics originated by Thomas Donaldson and Thomas... 1  The Advantages of a Social Contract Theory.he goal of Integrative Social Contracts Theory is to provide a framework by which managerial and business decisions can be made with respect to their impact on relevant communities, ethical norms and possible universal moral standards.
Industrial economics is a distinctive branch of economics which deals with the economic problems of firms. and industries, and their relationship with society. In economic literature it is known by several names with. marginal differences such as âEconomics of Industriesâ, âIndustry and Tradeâ, âIndustrial Organization and. Policyâ, âCommerceâ and âBusiness Economicsâ etc.
Economic system. An economic system is a system for producing, distributing and consuming goods and services, including the combination of the various institutions, agencies, consumers, entities that comprise the economic structure of a given society or community.oday the dominant form of economic organization at the global level is based on capitalist mixed economies. Economic systems is the category in the Journal of Economic Literature classification codes that includes the study of such systems. One field that cuts across them is comparative economic systems.