Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:School_of_economic_thought
|
| gptkbp:appliesTo |
gptkb:legislation
gptkb:public_policy gptkb:strategy market analysis welfare analysis |
| gptkbp:assumes |
perfect information
diminishing marginal returns diminishing marginal utility competitive markets |
| gptkbp:contrastsWith |
gptkb:Institutional_Economics
gptkb:Keynesian_Economics Marxian Economics |
| gptkbp:criticizedFor |
static analysis
ignoring market imperfections lack of attention to institutions overemphasis on rationality |
| gptkbp:developedBy |
gptkb:William_Stanley_Jevons
gptkb:Carl_Menger gptkb:Léon_Walras |
| gptkbp:emphasizes |
utility maximization
equilibrium marginalism profit maximization rationality of economic agents |
| gptkbp:focusesOn |
determination of goods, outputs, and income distributions in markets
|
| gptkbp:hasConcept |
supply and demand
marginal utility general equilibrium marginal cost production theory consumer choice theory |
| gptkbp:hasSubfield |
Behavioral Economics (as a critique/extension)
Environmental Economics (as an application) |
| gptkbp:influenced |
gptkb:Game_theory
gptkb:Microeconomics gptkb:Modern_mainstream_economics Welfare economics |
| gptkbp:influencedBy |
gptkb:Classical_Economics
|
| gptkbp:originatedIn |
late 19th century
|
| gptkbp:publishedIn |
academic journals
|
| gptkbp:relatedTo |
gptkb:Austrian_School_of_Economics
gptkb:Chicago_School_of_Economics gptkb:New_Classical_Economics gptkb:New_Keynesian_Economics |
| gptkbp:studiedIn |
economics curricula worldwide
|
| gptkbp:uses |
mathematical modeling
|
| gptkbp:bfsParent |
gptkb:Human_Capital_Model
|
| gptkbp:bfsLayer |
7
|
| https://www.w3.org/2000/01/rdf-schema#label |
Neoclassical Economics
|