The neoclassical perspective

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Introduction to the neoclassical perspective

The building blocks of neoclassical analysis

1 The importance of potential gdp in the long run

2 The role of flexible prices

3 How fast is the speed of macroeconomic adjustment?

4 Key concepts and summary

The policy implications of the neoclassical perspective

1 The neoclassical phillips curve tradeoff

2 Fighting unemployment or inflation?

3 Fighting recession or encouraging long-term growth?

4 Summary of neoclassical macroeconomic policy recommendations

5 Summary of neoclassical economics versus keynesian economics

6 Key concepts and summary

Balancing keynesian and neoclassical models

1 Key concepts and summary

Source: OpenStax, Macroeconomics. OpenStax CNX. Jun 16, 2014 Download for free at http://legacy.cnx.org/content/col11626/1.10

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