Tableau Economique
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Definition
Tableau Economique in an early economic theory proposed by François Quesnay in 1758. It is considered the precursor to the modern economic Input-Output Model via the work of Wassily Leontief, who is often referred to as the pioneer of input-output-based economics.
The Tableau economique of Quesnay can be linked to Leontief's inter-industry matrix (but with a different set of "sectors" producers, landowner, etc). The Tableau described the circular flow of goods (but not of monetary amounts) through the various sectors of the economy.
