Neoclassical Economics is a technique for economics that relates supply and demand to an individual’s rationality and their ability to maximize energy or profit. Neoclassical economics also increased the usage of mathematical equations in the study of various aspects of the economy. Neoclassical economics is a term variously used for strategies to economics focusing on the actual determination of prices, components, and income distributions inside markets through supply and also demand.
Neoclassical Economics
