Answer to Question #123966 in Economics for aderinsola

Question #123966

what are the criticism of neoclassical economics

Expert's answer

Neoclassical economics does consumers rationale. On practice people are irrational. As a result their models are impractical. Neoclassicists ignore the physical limitations of economic development.

Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. what is financial economic planning
2. Explain diagrammatically the difference between extention and contraction of supply and rise and fal
3. Draw a table and diagram with your own data for law of supply ?
4. what are the major factor ( other than price ) which effect the supply of any producers explain with
5. Management of AG Travel and Tour has identified two groups of individuals that would be interested i
6. 1. Write a critical note on interative average corealation method (IACM) principle of attaching weig
7. Write a critical note on equal weighting principle of construction of the human development index (H

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…