Neoclassical Economics: Demystifying Neoclassical Economics, Navigating Modern Markets with Clarity

· Economic Science Bog 302 · One Billion Knowledgeable
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What is Neoclassical Economics

In the field of economics, neoclassical economics refers to an approach that observes the production, consumption, and valuation (price) of commodities and services as being driven by the supply and demand model. According to this school of thinking, the value of a product or service is established by a hypothetical process that involves the maximization of utility by individuals with limited incomes and of profits by businesses that are confronted with production costs and make use of the information and factors of production that are accessible. By making reference to rational choice theory, this strategy has frequently been defended as being appropriate.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Neoclassical economics


Chapter 2: Economics


Chapter 3: Keynesian economics


Chapter 4: Microeconomics


Chapter 5: Perfect competition


Chapter 6: General equilibrium theory


Chapter 7: New Keynesian economics


Chapter 8: Index of economics articles


Chapter 9: Classical economics


Chapter 10: Economic efficiency


Chapter 11: Welfare economics


Chapter 12: Steve Keen


Chapter 13: Heterodox economics


Chapter 14: Sonnenschein-Mantel-Debreu theorem


Chapter 15: Schools of economic thought


Chapter 16: Dynamic stochastic general equilibrium


Chapter 17: Microfoundations


Chapter 18: Neoclassical synthesis


Chapter 19: New classical macroeconomics


Chapter 20: Macroeconomics


Chapter 21: History of macroeconomic thought


(II) Answering the public top questions about neoclassical economics.


(III) Real world examples for the usage of neoclassical economics in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of neoclassical economics.

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