Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:academic
|
| gptkbp:alsoKnownAs |
neoclassical economics
|
| gptkbp:contrastsWith |
heterodox economics
|
| gptkbp:criticizedFor |
ignoring inequality
overreliance on mathematical models assumption of rational agents ignoring environmental concerns limited treatment of institutions |
| gptkbp:dominantSince |
20th century
|
| gptkbp:focusesOn |
rational choice theory
market equilibrium utility maximization profit maximization |
| gptkbp:hasConcept |
gptkb:invisible_hand
comparative advantage supply and demand rational expectations marginalism opportunity cost general equilibrium market efficiency |
| gptkbp:includes |
macroeconomics
microeconomics |
| gptkbp:influenced |
gptkb:public_policy
regulatory policy central banking international trade policy |
| gptkbp:influencedBy |
gptkb:Adam_Smith
gptkb:Alfred_Marshall gptkb:John_Maynard_Keynes gptkb:Milton_Friedman gptkb:Paul_Samuelson gptkb:William_Stanley_Jevons gptkb:Vilfredo_Pareto gptkb:Leon_Walras |
| gptkbp:relatedTo |
gptkb:Keynesian_economics
gptkb:post-Keynesian_economics behavioral economics game theory institutional economics welfare economics Austrian economics monetarism Marxian economics |
| gptkbp:taughtAt |
universities worldwide
|
| gptkbp:uses |
gptkb:statistical_analysis
mathematical modeling |
| gptkbp:bfsParent |
gptkb:Neoclassical_Economics
|
| gptkbp:bfsLayer |
8
|
| https://www.w3.org/2000/01/rdf-schema#label |
Modern mainstream economics
|