Neoclassical
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Distinguished by the fact that instead of relying on Rational Expectations, this theory uses Walrasian Auctionier
| Macroeconomic schools of thought |
| Austrian Economics • Classical Economists • Keynesian economics• Marxism • Mercantilism • Monetarism • New Classicals • New Keynesians • Neoclassical • Neoclassical Synthesis • Neo-Keynesian • Physiocracy • Post-Keynesian economics • Supply-side economics |
Sources
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- Neoclassical Economics at reference (dot) com
- Greenwald, Bruce and Joseph Stiglitz: “New and Old Keynesians” ‘’The Journal of Economic Perspectives’’ Vol. 7, No. 1. (Winter, 1993), pp. 23-44
