Neo-classical view, Managerial Economics

The neo-classical view

The neo-classical view is that market forces are the best directors of the economy.  Positive attempts by the government it is argued inevitably make things worse.  The correct posture for fiscal policy, therefore, is simply to minimize the role of government, thus leaving the largest proportion of the economy possible to be run by the market forces.

Posted Date: 11/30/2012 4:36:03 AM | Location : United States

Related Discussions:- Neo-classical view, Assignment Help, Ask Question on Neo-classical view, Get Answer, Expert's Help, Neo-classical view Discussions

Write discussion on Neo-classical view
Your posts are moderated
Related Questions
Search and Matching Model It  should  be  clear  to  you  fiom  the  earlier section  that  there  are  a  variety  of models under the rubric of  search theory.  In  this sec

Discount Rate (Bank Rate) This is the rate on central bank advances and is also called official discount rate or "minimum lending rate".  When commercial banks find themselves

Long-Term Policies One long term option of tackling balance of payments deficit is export promotion .  In the long run this is the best method of improving a balance of payme

examine the endogenous and exogenous determinants of money supply

Question: (a) Under what conditions would a central bank be considered independent. (b) Discuss the effects of delegating monetary policy making to an independent agent on

Demand Schedule The law of demand can be explained through a demand schedule. A demand schedule is a series of quantities that consumers would like to buy per unit of time at d

Comment on the consequences of environmental degradation on the economy of a community.

arguments in favour of traditional theory of profit maximization

Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case.

TYPES OF UNEMPLOYMENT   A  person  can  be  either  in the labour force  or  not  in  the  labour  force  of  an economy. The person not  included  in  the  labour force includ