Difference between revisions of "Neo-classical economics"

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Neo-classical economics flourished between 1870 and [[World War I]] in [[Europe]] and the [[United States]].  It focused on principles of allocation theory and price, and also "[[marginalism]]".  This approach relied heavily on [[calculus]].  Modern economics builds on this work.
 
Neo-classical economics flourished between 1870 and [[World War I]] in [[Europe]] and the [[United States]].  It focused on principles of allocation theory and price, and also "[[marginalism]]".  This approach relied heavily on [[calculus]].  Modern economics builds on this work.
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[[category:economics]]

Revision as of 09:04, April 27, 2007

Neo-classical economics flourished between 1870 and World War I in Europe and the United States. It focused on principles of allocation theory and price, and also "marginalism". This approach relied heavily on calculus. Modern economics builds on this work.