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. |
Revision as of 12:49, February 22, 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.