Kuwait chapter of Arabian Journal of Business & Management Review, ( ISI ), Volume (3), No (12), Year (2014-8) , Pages (24-30)

Title : ( ECONOMIC SCHOOLS THOUGHT: MAINSTREAM, ORTHODOX AND HETERODOX ECONOMICS )

Authors: Mohammad Taher Ahmadi Shadmehri , fazeleh khadem , ALIREZA GHADIMI ,

Citation: BibTeX | EndNote

History of economic thought is very important as it shows the economic evolution of humanity. Besides, economic transformations in the last century witnessed the sharpest divisions. These divisions especially based on two basic points. A very general division can be made as neoclassical economics, which is the continuation of classical economics and other economics thoughts that cannot be analyzed as a part of classical economics. It is possible to say that economics can be basically divided into two parts in terms of economics structure: orthodox economics and heterodox economics. Generally, orthodox economics is associated with neoclassical economics; but heterodox economics include almost all the economic thoughts except neo-classical economics. This paper discusses the points in both economics approaches (orthodox economics and heterodox economics). Also, it will become easy to discuss the reason why heterodox economics developed an opposing against orthodox economics.

Keywords

, Economic Schools, orthodox economics, neo-classical economics, heterodox
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@article{paperid:1045393,
author = {Ahmadi Shadmehri, Mohammad Taher and Khadem, Fazeleh and GHADIMI, ALIREZA},
title = {ECONOMIC SCHOOLS THOUGHT: MAINSTREAM, ORTHODOX AND HETERODOX ECONOMICS},
journal = {Kuwait chapter of Arabian Journal of Business & Management Review},
year = {2014},
volume = {3},
number = {12},
month = {August},
issn = {2224-8358},
pages = {24--30},
numpages = {6},
keywords = {Economic Schools; orthodox economics; neo-classical economics; heterodox economics.},
}

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%0 Journal Article
%T ECONOMIC SCHOOLS THOUGHT: MAINSTREAM, ORTHODOX AND HETERODOX ECONOMICS
%A Ahmadi Shadmehri, Mohammad Taher
%A Khadem, Fazeleh
%A GHADIMI, ALIREZA
%J Kuwait chapter of Arabian Journal of Business & Management Review
%@ 2224-8358
%D 2014

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