What's it: New classical economics is an evolution of the classical schools of economics and uses a neoclassical microeconomic approach to explain macroeconomic phenomena. It emphasizes the maximization of utility and the rational
Better knowledge. Sharper Insight.
What's it: New classical economics is an evolution of the classical schools of economics and uses a neoclassical microeconomic approach to explain macroeconomic phenomena. It emphasizes the maximization of utility and the rational