What are the differences between neoclassical school and classical school?
== == == == the difference betwen Neo-classical and classical
school is that:
1-CLASSICAL SCHOOL:-It is related to wealth and introduced by
Adam Smith an economist of classical school.
2-NEO-CLASSICAL:-It is related to human welfare. Marshall, an
economist, described that "Economics is a science of human welfare"
and we call it the neo-classical view that is known as
neo-classical school