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Direct linkClark, Charles Michael Andres – Journal of Education for Business, 2014
The financial crisis was partially caused by neoclassical economic theory and theorists. This failure has prompted business educators to rethink the role of neoclassical economics as the foundation of business education. The author connects this question to the more general critique of the scientific model of business education and the old…
Descriptors: Business Administration Education, Economics, Social Theories, Economic Climate
Peer reviewedParvin, Manoucher – Journal of Economic Education, 1992
Discusses the morality of teaching neoclassical theory as the only science of economics. Argues that the teaching of neoclassical theory violates moral principles unless each and every attribute of neoclassical theory is proven superior to corresponding attributes of competing theories. Criticizes neoclassical economics for teaching what rather…
Descriptors: Capitalism, Communism, Economic Factors, Economics
Peer reviewedEgger, John B. – Journal of Economic Education, 1998
Briefly defines and provides some background on Eugen von Bohm-Bawerk's "marginal pairs" theory of pricing. Asserts that Bohm-Bawerk's theory is a good introduction to the Austrian school of economics and illustrates the differences between this approach and neoclassical economic theory. Includes several graphs and tables of data. (MJP)
Descriptors: Consumer Economics, Cost Indexes, Economics, Economics Education
van der Merwe, Alex – Education Economics, 2011
Human capital theory holds that a higher education will be pursued to the extent that its pecuniary rewards outstrip its costs. This notion is founded on the neoclassical economic assumption that expected earnings conditional on educational investment are accurately anticipated by those considering such investments. However, the evidence in…
Descriptors: Foreign Countries, Higher Education, Human Capital, Education Work Relationship
Madsen, Poul Thois – Journal of Political Science Education, 2011
Politics and economics interact. As a consequence, political science textbooks must often relate to the economic dimension--implicitly or explicitly. But we know very little about how these textbooks relate to economics. Are they merely unreflective customers of neoclassical economics or do they strive for a cross-disciplinary approach? An…
Descriptors: Political Science, Textbooks, Textbook Content, Textbook Evaluation
Peer reviewedEngland, Paula – American Sociologist, 1989
Provides a feminist critique of rational-choice theory and the interdisciplinary feminist theories of sociology. Applies the separative model of self to four assumptions of the neoclassical economics version of rational-choice theory. Uses research on marital power to illustrate how removing distorting assumptions can help illuminate sociological…
Descriptors: Economics, Feminism, Interdisciplinary Approach, Marriage
