EVALUATION OF THE NEOCLASSICAL MODEL OF FUNCTIONING OF THE ECONOMY AND MOVE TOWARDS KEYNESIANISM

Authors

Keywords
neoclassical concept, Keynesianism, economic crisis, economic growth

Summary
Since the end of 2007 and the beginning of 2008 the global economy has been in an economic and financial crisis. This is a phenomenon with global consequences for production and consumption. In this line of thought two important questions come to the foreground. They are connected with the market and the state when coordinating and guiding business decisions, on the one hand, and a system of measures for over-coming the consequences of the crisis situation – on the other. On this basis, the paper aims to compare the theoretical concepts of the leading schools of economics – neoclas¬sical and Keynesian, in the direction of proposed measures to remedy such a situation and to take up again the path of economic growth.

JEL: B22, E12, E13
Pages: 18
Price: 3 Points

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