Neoclassical Economics

1 revision
#11 week ago
+6
Migrated from pages table
+Neoclassical economics is a broad theory explaining how markets allocate scarce resources, often through the lens of [Supply and Demand](/wiki/supply_and_demand). It assumes individuals make rational choices to maximize their utility, leading to [Market Equilibrium](/wiki/market_equilibrium). This framework underpins much of modern economic thought.
+## See also
+- [Microeconomics](/wiki/microeconomics)
+- [Classical Economics](/wiki/classical_economics)
+- [Rational Choice](/wiki/rational_choice)
... 1 more lines