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Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model.
- Neoclassical synthesis
The neoclassical synthesis is a macroeconomic theory that...
- Classical economics
Classical economics and many of its ideas remain fundamental...
- Neoclassical synthesis
Economia neoclássica é uma expressão genérica utilizada para designar diversas correntes do pensamento econômico que estudam a formação dos preços, a produção e a distribuição da renda através do mecanismo de oferta e demanda dos mercados .
28 de mai. de 2023 · Neoclassical economics is a broad theory that focuses on supply and demand as the driving forces behind the production, pricing, and consumption of goods and services. It emerged in around 1900...
- Will Kenton
What is Neoclassical Economics? Neoclassical economics is a broad approach that attempts to explain the production, pricing, consumption of goods and services, and income distribution through supply and demand. It integrates the cost-of-production theory from classical economics with the concept of utility maximization and marginalism.
Neoclassical economics conceptualized the agents, households and firms, as rational actors. Agents were modeled as optimizers who were led to “better” outcomes. The resulting equilibrium was “best” in the sense that any other allocation of goods and services would leave someone worse off.
