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Neoclassical economics, a fundamental theory in modern economics. We explore its basic principles such as rational behavior, equilibrium in markets, and the importance of supply and demand. Join us as we discuss how neoclassical economics shapes our understanding of consumer behavior, market efficiency, and government policies, providing listeners with a foundational understanding of this influential economic school.
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Neoclassical economics, a fundamental theory in modern economics. We explore its basic principles such as rational behavior, equilibrium in markets, and the importance of supply and demand. Join us as we discuss how neoclassical economics shapes our understanding of consumer behavior, market efficiency, and government policies, providing listeners with a foundational understanding of this influential economic school.
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