Mainstream Economics

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Dictionary Says

Definition of 'Mainstream Economics'

A term used to describe schools of economic thought considered orthodox. It is not a branch of economics as of itself, but is used to describe theories often considered part of the neoclassical economics tradition. Mainstream economics follows rational choice theory, which assumes that individuals make decisions that will maximize their own utility, and uses statistics and mathematical models to demonstrate theories and evaluate various economic developments.

Investopedia Says

Investopedia explains 'Mainstream Economics'

Schools of economic thought outside of mainstream economics - called heterodox economics - are more skeptical of the role of the government and the rationality of actors. Mainstream economics does not focus on economic concerns gaining momentum, such as sustainability and pollution.
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'Mainstream Economics'

  • The Austrian School Of Economics

    http://www.investopedia.com/articles/economics/09/austrian-school-of-economics.asp
    ... The economic theory of the Austrian school is grounded in verbal logic which provides
    a relief from the technical mumbo jumbo of mainstream economics. ...
  • An Introduction To Complementary Currencies

    http://www.investopedia.com/articles/economics/11/introduction-complementary-currencies.asp
    ... November 22 2011 | Filed Under » Currencies, Economics, Financial Theory. In
    communities ... To meet needs that mainstream money does not. Complementary currencies ...
  • Wind Power Goes Mainstream

    http://stocks.investopedia.com/stock-analysis/2010/Wind-Power-Goes--Mainstream-GE-TNB-ATI-AMN-BWEN0722.aspx
    ... Article; Comments (1). Wind Power Goes Mainstream. Posted:
    Jul 22, 2010 10:07 AM by Eugene Bukoveczky. ...
  • What Causes Bubbles? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/What-Causes-Bubbles.aspx
    ... TUTORIAL: The Austrian School Of Economics The Classical-Liberal Perspective The
    accepted mainstream view about central banks, such as the Federal Reserve, is ...
  • High GDP Means Economic Prosperity, Or Does It?

    http://www.investopedia.com/articles/economics/08/genuine-progress-indicator-GPI.asp
    ... December 20 2009 | Filed Under » Economics, Insurance. Economists traditionally
    use GDP to measure ... GPI Is Not Yet Mainstream While GPI factors in to many of ...
  • High GDP Means Economic Prosperity, Or Does It?

    http://www.investopedia.com/articles/economics/08/genuine-progress-indicator-gpi.asp
    ... December 20 2009 | Filed Under » Economics, Insurance. Economists traditionally
    use GDP to measure ... GPI Is Not Yet Mainstream While GPI factors in to many of ...
  • Actively Managed ETFs: The New Mutual Funds?

    http://www.investopedia.com/articles/exchangetradedfunds/09/actively-managed-etfs-evolution-continues.asp
    ... Mainstream Appeal Active ETFs began as a niche product in March 2007, when
    Bear Stearns launched The Bear Stearns Current Yield Fund. ...
  • Waiting For 'Watchmen'

    http://stocks.investopedia.com/stock-analysis/2009/Waiting-For-Watchmen-TWX-MVL-HAS0226.aspx
    ... Many smaller companies were wringed out of the field due to the competitive economics
    of an audience that was still not wide and mainstream enough (and ...
  • Financial Funds Provide Diversity ... And Risk

    http://www.investopedia.com/articles/mutualfund/08/sector-fund-financial.asp
    ... For example, the stocks of major financial conglomerates are often found in many
    mainstream growth and/or growth and income funds, and therefore more ...
  • Mine For Profits With Natural Resource Sector Funds

    http://www.investopedia.com/articles/mutualfund/09/natural-resource-funds.asp
    ... March 25 2009 | Filed Under » Economics, Mutual Funds. Improved technology and new ...
    Investors seeking long-term growth outside the mainstream markets should ...

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