In that article, you can find the essentials of the basic neoclassical model of economic growth.
From these two premises, the neoclassical model makes three important predictions.
A time-series path in the neoclassical model is a series of these one-period utility maximizations.
In the neoclassical model, the consumer or producer maximizes utility (or profits).
The first involves adapting standard neoclassical economic models and theories to analyze the Soviet economic system.
His work encompasses equilibria that involve more behavioral adjustments than those defined in orthodox neoclassical models of general equilibrium.
Other proponents of behavioral economics note that neoclassical models often fail to predict outcomes in real world contexts.
Many heterodox schools are critical of the homo economicus model of human behavior used in standard neoclassical model.
Circuitism also models banks and other firms separately, rather than combining them into a representative agent as in mainstream neoclassical models.
It is a neoclassical model that determines, under some conditions, the optimal number of workers to employ at an exogenously determined market wage rate.