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 |
https://www.w3.org/2000/01/rdf-schema#label |
Modern mainstream economics
|
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 |
statistical analysis
mathematical modeling |
gptkbp:bfsParent |
gptkb:Neoclassical_Economics
|
gptkbp:bfsLayer |
8
|