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From: Chap. 1-3: The Morality of Radical Economics (MRE) and Chap. 3 of Understanding Capitalism (UC): Outline the methodological position of orthodox, or mainstream Neoclassical
From: Chap. 1-3: The Morality of Radical Economics (MRE) and Chap. 3 of Understanding Capitalism (UC):
- Outline the methodological position of orthodox, or mainstream Neoclassical (NC) economics (MRE p. 9-12, 64-70).
- Outline the methodological position of progressive heterodox, or Radical economics (MRE p. 13-18, 44-49, 64-70).
- Explain what a "three dimensional" approach to economics is and how these three dimensions are related to Neoclassical Economics (NC), and Political Economics (PE), respectively (MRE p. 65-66, UC p. 53-57).
- Fill-in the missing cells in the following schematic outline of the methodological differences between Neoclassical (standard) and Political Economy (radical) economics, and provide a general (one paragraph) explanation of your answers with examples from the table.
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Public Expenditure Decisions In The Urban Community
Authors: Howard G Schaller
1st Edition
1317310985, 9781317310983
