Glossary/Neoclassical Economics - Revision history

Emilystith at 01:32, 31 July 2024

2024-07-31T01:32:20Z

← Older revision		Revision as of 01:32, 31 July 2024
Line 2:		Line 2:


	Neoclassical Economics is a broad economic theory which focuses on the effects of supply and demand as explanations for changes in the economy. It treats people, corporations, and other economic or social bodies as "rational", using the phrase "homo economicus". The theory poses that people and corporations are all rational actors who act in their own best interest when making economic decisions.
			Neoclassical Economics is a broad economic theory which focuses on the effects of supply and demand as explanations for changes in the economy. It treats people, corporations, and other economic or social bodies as "rational", using the phrase "[[homo economicus]]". The theory poses that people and corporations are all rational actors who act in their own best interest when making economic decisions.

	Neoclassical Economics was first introduced in the early 20th century, and became the dominant microeconomic theory in the United States during the 1950s, known then as neo-Keynesian economics.		Neoclassical Economics was first introduced in the early 20th century, and became the dominant microeconomic theory in the United States during the 1950s, known then as neo-Keynesian economics.

Emilystith at 01:31, 31 July 2024

2024-07-31T01:31:18Z

← Older revision		Revision as of 01:31, 31 July 2024
Line 1:		Line 1:
	<small>[WIP; [[Emstith]]]</small>		<small>[WIP; [[User: Emstith]]]</small>

Emilystith at 01:30, 31 July 2024

2024-07-31T01:30:11Z

← Older revision		Revision as of 01:30, 31 July 2024
Line 1:		Line 1:
			<small>[WIP; [[Emstith]]]</small>


	Neoclassical Economics is a broad economic theory which focuses on the effects of supply and demand as explanations for changes in the economy. It treats people, corporations, and other economic or social bodies as "rational", using the phrase "homo economicus". The theory poses that people and corporations are all rational actors who act in their own best interest when making economic decisions.		Neoclassical Economics is a broad economic theory which focuses on the effects of supply and demand as explanations for changes in the economy. It treats people, corporations, and other economic or social bodies as "rational", using the phrase "homo economicus". The theory poses that people and corporations are all rational actors who act in their own best interest when making economic decisions.

	Neoclassical Economics was first introduced in the early 20th century, ~~has been~~ the ~~mainstream economic~~ theory ~~since~~ the ~~early 1990's~~,		Neoclassical Economics was first introduced in the early 20th century, and became the dominant microeconomic theory in the United States during the 1950s, known then as neo-Keynesian economics.

Emilystith: Created page with "Neoclassical Economics is a broad economic theory which focuses on the effects of supply and demand as explanations for changes in the economy. It treats people, corporations, and other economic or social bodies as "rational", using the phrase "homo economicus". The theory poses that people and corporations are all rational actors who act in their own best interest when making economic decisions. Neoclassical Economics was first introduced in the early 20th century, has..."

2024-07-31T01:27:20Z

Created page with "Neoclassical Economics is a broad economic theory which focuses on the effects of supply and demand as explanations for changes in the economy. It treats people, corporations, and other economic or social bodies as "rational", using the phrase "homo economicus". The theory poses that people and corporations are all rational actors who act in their own best interest when making economic decisions. Neoclassical Economics was first introduced in the early 20th century, has..."

New page

Neoclassical Economics is a broad economic theory which focuses on the effects of supply and demand as explanations for changes in the economy. It treats people, corporations, and other economic or social bodies as "rational", using the phrase "homo economicus". The theory poses that people and corporations are all rational actors who act in their own best interest when making economic decisions.

Neoclassical Economics was first introduced in the early 20th century, has been the mainstream economic theory since the early 1990's,