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Home > Terms > Armenian (HY) > Նեո դասական տնտեսագիտութուն
Նեո դասական տնտեսագիտութուն
The school of economics that developed the free-market ideas of classical economics into a full-scale model of how an economy works. The best-known neo-classical economist was Alfred Marshall, the father of marginal analysis. Neo-classical thinking, which mostly assumes that markets tend towards equilibrium, was attacked by Keynes and became unfashionable during the Keynesian-dominated decades after the Second World War. But, thanks to economists such as Milton Friedman, many neo-classical ideas have since become widely accepted and uncontroversial.
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- Szófaj: noun
- Szinonimák:
- Blossary:
- Ipar/Tárgykör: Economy
- Kategória: Economics
- Company: The Economist
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skills or abilities in oral speech, ability of speech, fluency in speaking
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