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3 paradigms paradigm of neoclassical economics is a broad theory that focuses on supply and demand as the driving forces behind the production, pricing, and

3 paradigms

  1. paradigm of neoclassical economics is a broad theory that focuses on supply and demand as the driving forces behind the production, pricing, and consumption of goods and services.
  2. Economic liberalism paradigm is a political and economic ideology based on strong support for a market economy and private property in the means of production.
  3. Radical economics was based on the economics of Marx. Inequality of incomes and wealth are seen as the sources of disequilibria in market economies.

I have given a description of the 3 paradigms. The 3 are neoclassical, liberal and radical paradigm I need an example for each one based on my topic US-China trade war

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