Economics Dictionary of ArgumentsHome
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| Neoclassical Economics - Economics Dictionary of Arguments | |||
| Neoclassical economics: Neoclassical economics is a school of economic thought that emerged in the late 19th century. It is based on the principles of rational choice, marginalism, and general equilibrium. Neoclassical economists believe that markets are the most efficient way to allocate resources and that government intervention should be minimized. See also Efficiency, Markets, Equilibrium, Interventions, Liberalism, Rational Choice._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Keynes, John Maynard | Neoclassical Economics | Keynes, John Maynard | |
| Parsons, Talcott | Neoclassical Economics | Parsons, Talcott | |
| Sen, Amartya | Neoclassical Economics | Sen, Amartya | |
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Ed. Martin Schulz, access date 2024-04-26 | |||
