Neoclassical Economics

GPTKB entity

Properties (60)
Predicate Object
gptkbp:instanceOf Economic Theory
gptkbp:analyzes Market Equilibrium
gptkbp:claims Profit Maximization
Perfect Competition
Utility Maximization
gptkbp:competesWith Keynesian Economics
gptkbp:emphasizes Rational Choice
gptkbp:focusesOn Supply and Demand
gptkbp:hasImpactOn Market Analysis
Economic Policy
Consumer Behavior
Firm Behavior
https://www.w3.org/2000/01/rdf-schema#label Neoclassical Economics
gptkbp:includes Marginal Utility Theory
gptkbp:isAssociatedWith gptkb:Alfred_Marshall
gptkb:Leon_Walras
gptkb:William_Stanley_Jevons
gptkbp:isAvenueFor Business Strategy
International Trade
Public Policy
Financial_Markets
Environmental_Economics
Labor_Markets
gptkbp:isCriticizedFor Static Analysis
Overemphasis on Rationality
Post-Keynesian Economists
Behavioral Economists
Assuming Constant Preferences
Assuming Homogeneous Agents
Assuming Perfect Information
Ignoring Market Failures
Institutional Economists
Neglecting Behavioral Factors
Neglecting Dynamics
Overlooking Externalities
gptkbp:isExploredIn Simulations
Case Studies
Empirical Studies
Economic Literature
Economic Research
Economic Journals
gptkbp:isInfluencedBy Political Science
Psychology
Sociology
Subjective Value Theory
Marginalism
gptkbp:isPartOf Mainstream Economics
Economic Thought
Economic Paradigms
gptkbp:isRelatedTo Game Theory
Welfare_Economics
General_Equilibrium_Theory
gptkbp:isSupportedBy Neoclassical Synthesis
New_Classical_Economics
New_Keynesian_Economics
gptkbp:isTaughtIn Economics Courses
gptkbp:isUsedIn Microeconomics
Macroeconomics
gptkbp:isVisitedBy gptkb:Classical_Economics
gptkbp:utilizes Mathematical Models