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School of Economic Thought

New Classical Economics: Ideas and Theories

Updated on December 11, 2020 by Ahmad Nasrudin

New Classical Economics Ideas and Theories

What's it: New classical economics is an evolution of the classical schools of economics and uses a neoclassical microeconomic approach to

Topic: Classical Economics, School of Economic Thought Category: Macroeconomics

Austrian School of Economics: Thoughts, Criticisms, and Literatures

Updated on August 22, 2023 by Ahmad Nasrudin

Austrian School of Economics Thoughts Criticisms and Literatures

What's it: the Austrian school of economics emphasizes individualism, subjectivism, opportunity costs, and time preference in consumption and

Topic: Austrian Economics, School of Economic Thought Category: Macroeconomics

Monetarist School of Thought: Ideas, Propositions, and Concepts for Policy

Updated on August 18, 2023 by Ahmad Nasrudin

Monetarist School of Thought Ideas Propositions and Concepts for Policy

What's it: Monetarist school of thought is one of the mainstream macroeconomic thought. It believes that money supply is the primary determinant

Topic: Monetarist, Monetary, School of Economic Thought Category: Macroeconomics

Neoclassical Economics: Assumptions, Ideas

Updated on September 7, 2020 by Ahmad Nasrudin

Neoclassical Economics Assumptions Ideas

What's it: Neoclassical economics views supply and demand as the main factors that determine the economy, starting from goods, prices, to income

Topic: Neoclassic, School of Economic Thought Category: Macroeconomics

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