Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
school of economic thought
|
| gptkbp:assumes |
perfect competition
market equilibrium rational agents utility functions individual preferences diminishing marginal utility full information profit functions |
| gptkbp:contrastsWith |
gptkb:Keynesian_economics
classical economics |
| gptkbp:criticizedFor |
behavioral economics
institutional economics unrealistic assumptions ignoring historical context ignoring institutional factors ignoring market imperfections ignoring power relations ignoring social factors |
| gptkbp:developedBy |
gptkb:William_Stanley_Jevons
gptkb:Carl_Menger gptkb:Léon_Walras |
| gptkbp:dominantIn |
20th century economics
|
| gptkbp:emphasizes |
utility maximization
marginalism profit maximization rationality of individuals |
| gptkbp:focusesOn |
determination of goods, outputs, and income distributions in markets
|
| https://www.w3.org/2000/01/rdf-schema#label |
Neoclassical economics
|
| gptkbp:influenced |
gptkb:Chicago_School_of_Economics
gptkb:New_Classical_Economics gptkb:New_Keynesian_Economics macroeconomics microeconomics mainstream economics |
| gptkbp:influencedBy |
classical economics
marginal revolution |
| gptkbp:originatedIn |
late 19th century
|
| gptkbp:publishedIn |
gptkb:Éléments_d'économie_politique_pure_(Walras,_1874)
gptkb:Grundsätze_der_Volkswirtschaftslehre_(Menger,_1871) gptkb:Principles_of_Economics_(Jevons,_1871) |
| gptkbp:relatedTo |
welfare economics
general equilibrium theory marginal utility theory production theory consumer choice theory demand and supply |
| gptkbp:uses |
mathematical modeling
|
| gptkbp:bfsParent |
gptkb:Austrian_School_of_Economics
gptkb:Modern_Growth_Theory |
| gptkbp:bfsLayer |
6
|