Neo-classical view, Managerial Economics

Assignment Help:

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.


Related Discussions:- Neo-classical view

Investment firm sells options, Let Consider an economy with three states. T...

Let Consider an economy with three states. The following set of stocks is traded:     x 1 =(2,2,0)    x 2 =(1,0,3)  x 3 =(0,2,4).          The t=0 prices of these stocks are give

Barriers to entry in pure oligopoly, Barriers to entry in pure oligopoly ...

Barriers to entry in pure oligopoly The barriers to entry can be artificial or natural. Artificial Barriers This can be acquired through: State protection throu

Explain the confidence interval, 1.  According to an article in San Luis Ob...

1.  According to an article in San Luis Obispo Tribune July 21, 2006 37% of the college freshman and 48% of the college seniors carry a credit balance from month to month. Suppose

Explain the decision-making theory, Explain the Decision-making theory ...

Explain the Decision-making theory Decision-making theory and game theory that recognise the conditions of imperfect knowledge and uncertainty under which business managers ope

Show the method of production, Q. Show the method of production? A proc...

Q. Show the method of production? A process or method of production is a combination of inputs essential for the production of output. A method of production is technically eff

Real vs nominal gnp, Real Vs Nominal GNP: "Deflating" by a price Index   ...

Real Vs Nominal GNP: "Deflating" by a price Index   One of the problems that confront economists when measuring GNP is that they have to use money as the measuring rod.  Thes

Explain about regression analysis, Q. Explain about Regression analysis? ...

Q. Explain about Regression analysis? Regression analysis is the statistical technique which identifies the relationship between two or more quantitative variables: a dependent

What do you mean by theory of firm, Q. What do you mean by Theory of Firm? ...

Q. What do you mean by Theory of Firm? Microeconomics especially the theory of firm, assumed importance and attracted considerable attention in the early 20 th century. This sh

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd