...INTRODUCTION Neoclassical economics is a term variously used for approaches to economics focusing on the determination of prices, outputs, and income distributions in markets through supply and demand, often mediated through a hypothesized maximization of utility by income-constrained individuals and of profits by cost-constrained firms employing available information and factors of production, in accordance with rational choice theory. The neo-classical view of economics was under the Type A definition which had to do with the wealth and material welfare. This school of thought was headed by Alfred Marshall in the 18th century, the neo-classical view came to buttress the explanation of the classical view of economics, it gave economics a stand above all other social sciences. According to Alfred Marshall, he defined Economics as the study of mankind in the ordinary business of life.There were other contributions to this view like E.Cannan who said the aim of political economy is the explanation of the general causes on which material welfare of human being depends Beveridge defined it as the study of general methods by which men cooperate to meet their material needs,and also to Pigou he said economics welfare is the subject matter of economic science Neoclassical economics dominates microeconomics, and together with Keynesian economics forms the neoclassical synthesis which dominates mainstream economics today.Although neoclassical economics has gained widespread acceptance...
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...Historical Art Periods Neoclassical: Neoclassical is also referred to as Neoclassicism; a name used to describe the western association in the attractive and illustrative arts, writing, drama, composition and architecture. In the 18th century, neoclassical art retorted to the distinguished immoderation of the contemporary Rocco style, with an enormous moderation in symphony and relentlessness of line. Neoclassical architecture, imitated mutually classical and renaissance arrangements, accentuating order and simplicity. Neoclassical architecture as well as literature was motivated by the importance on aggressive bravery witnessed in the Latin and Greek grand. Neoclassicism deduces the subsistence of classical rule of commendable mythical and artistic invention. Neoclassical artists, by desirable qualities of acquaintance with the rule attempt to produce and widen the rule in every piece of their work. Although they evade sheer imitation of classical subject and designs, the artists try to place their work in the circumstance of a recognized custom and exhibit their mastery of the canons of the genre. Since Neoclassicism is divergent to modernization, its articulacy and creativeness are considered as merits. Neoclassicism in every art implies a specific rule of traditional replica. Other cultures have supplementary rules of classics, and a habitual strain of neoclassicism materializes as the expected appearance of cultures that are positive of their conventional traditions,...
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...Neoclassicism is a revival of the virtues and ideals of classical antiquity (Rome and Greece) upon the findings Pompeii archaeological finds. And with the increasing popularity of the Grand Tour(traditional tour of Europe undertaken by mainly young, rich European men), it became fashionable to collect antiquities as souvenirs, which spread the Neoclassical style through Europe and America.This style would be in direct opposition to the former Rococo style. For example, in Rococo architecture the emphasis was on grace, ornamentation and asymmetry. Neoclassical architecture is based on the principles of simplicity and symmetry. During this time there were two major movements going on, The French Revolution, and the enlightenment period. Both of which had a huge influence in how the art would be viewed and created. I am going to explain how the two events influenced artworks, and the techniques used by the artist. Neoclassical Art Paper...
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...This professional style of dance developed from performance to concert dance and is being taught all around the world in different dance schools. Classical ballet is a very complex and disciplined style of ballet that involves detailed core techniques that are practiced by dancers everywhere.’ Alignment’ is the first technique and this refers to the dancer keeping their head, shoulders, and hips in a straight line. ‘Pointe’ technique involves dancing on the tips of fully extended toes. Last is the ‘turnout’ which refers to movement with the legs facing outward, this makes clean footwork. These techniques are also used as a substructure in other dance styles such as neo-classical ballet, contemporary ballet, and modern...
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...The Neoclassical era was known as “The Age of Reason” or “The Enlightenment”. This era started in the mid 1700’s. The neoclassical era was part of the Greek and Roman history. The neoclassical era started as a reaction to the former Rococo period. The Rococo art was whimsical and playful. . The artwork of the neoclassical era was morally uplifting and inspirational. The artwork depicted the seriousness of the time, order, reason, tradition, society, intellect and political events. Neoclassical artists wanted a return to traditionalism and to the perceived purity of the arts of Rome. Neoclassical artists felt this would help the people to return to knowledge and a perfect controlled time. Philosophers of the neoclassical era believed that they would be able to control their destinies by learning from and following the Laws of Nature thus giving the name “The Age of Reason”. “France wished to model the government on the high virtues and moral principles of classical Rome. Therefore, neoclassical artists were commissioned to create paintings and sculptures that depicted inspirational scenes from Roman history. Even architecture and interior design began to reflect the neoclassical period” (Neoclassicism | Art Movement). Neoclassical art emphasized courage, order, solemnity, sacrifice, nationalism, and tradition. Neoclassical art is characterized by classical themes. Sometimes the subject's were placed in archaeological settings with people dressed in classical costumes. Neoclassical...
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...Endogenous growth theory addressed limitation associated with the neo classical growth model. To what extent is this assertion valid? Introduction Neo classical growth model is an approach in economics focusing on the determination of price, output and income distributions in markets through supply and demand. These is done through a hypothesized maximization of income- constrained utility by individuals and of cost constrained profits of firms employing available information and factors of production. This economic model was developed from the classical school of economics, which was dominant in the eighteenth and nineteenth centuries. It can be traced to the marginal revolution of the 1860’s, which came up with the concept of utility as a key factor in deterging value in contrast to the classical views that the costs involved in production were value’s determinant. The Neo classical approach became increasing mathematical, focusing on the perfect competition and equilibrium. Neo classical growth model considered two factors production function with capital and labour as determinants of output. Besides, it added exogenously determined factor, technology, to the production function. Neo classical growth model uses this production function: Y=AF (K, L)……….(1) Y= Gross Domestic Production (GDP) K= Stock of Capital L= Amount of unskilled labour A= Exogenously determined level of technology. *Note a change in this exogenously variable and technology...
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...using prescribed or improvised steps and gestures (Sporre 2009). Dancing is also divided onto various genres such as ballet, modern, and urban dance styles. Ballet dancing is technical formalized classical dance style that started during the Italian Renaissance. Ballet is first on this list because billions of people around the world are enchanted by this style and line up to see performances. Ballet comprises a highly theatrical dance presentation consisting of solo dancers, duets, and choruses. Unlike other disciples and forms or dance besides break-dancing ballet demands extreme focus, strength and flexibility. Mostly all practitioners have to start ballet at a very young age to develop the gracefulness that takes decades to master. Ballet is comprised of three different types classical ballet, neoclassical ballet and contemporary ballet. Classical Ballet is the type you mostly see in traditional non-modern performances. It adheres to the strict rule of Russian and French ballet styles. It is extremely formal in practice. Students when learning classical form have to learn the names of all the techniques and definitions. Often called full story ballet due to the way a story is communicated to the audience via dancer. Neoclassical ballet uses very similar techniques as classical ballet but it is...
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...organizational design is an on-going process. Secondly, changes in the theories usually involve trial and error, which should be understood dialectically. The classical approach According to Weber, Taylor and Fayol’s opinions on organizational design, it is believed that the most efficient and effective organizations had a hierarchical structure in which members of the organization were guided in their actions by a sense of duty to the organization and by a set of rational rules and regulations. Classical theory of organization design suffers from superficiality, over simplification and lack of realism. Generally speaking, the classical approach appeared to fail in providing a direct and simple basis for relating organisational structure and business success. Mullins (2007) One of the fundamental problems with the classical theory is that the scholars only emphasized the high efficiency of the activity and mechanism of authority instead of the importance of people’s action and human behaviour. Fred Luthans (2006) pointed out that, the classicists disregarded factors of human nature and individuality and they let it play only a minor role in comparison with the roles of hierarchical structures, specialization, and the management functions of planning and controlling. Similarly, the criticisms by the behaviourists viewed that the classical pioneers totally ignored the behavioural dimension of organization and also oversimplified the mechanistic assumption for the smooth running of the...
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...The Neoclassical art period occurred in the 18th century Age of Enlightment and has been defined to have been between the years of 1780 CE and 1820 CE. This art period started when Pompeii was accidentally rediscovered in the 1700’s after Mount Vesuvius erupted, covering all the occupants. Europeans were fascinated with the frozen city and this revitalized the interest in the classical art of Rome and Greece. Neoclassical art techniques used light and dark colors to contrast, simulating the Baroque art time period. The artists from the Neoclassical period eliminated the heavy use of vibrant colors and busy compositions. The Neoclassical artists focused on techniques more uniform by using formulas and perspectives that were more exact. The subjects in many of the paintings from this time period looked shiny or glossy due to the artists attempting to hide their brushstrokes to make their artwork simulate the polished look of a marble sculpture. During this time period the American colonies claimed independence from Great Britain and the French Revolution broke out in Paris. The 1700’s marks the industrial revolution in Britain as well. This time period is referred to as the Age of Reason. It was a more stable and a traditional time and there seemed to be a general respect for authority. The Romanticism time period and has been defined to have been between the years of 1800 CE and 1850 CE. Romantic artists wanted to focus on emotional experiences instead of looking...
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...Question: (i.) Critically evaluate the classical theory of organization and management in the light of contemporary business environmental changes facing managers in Nigeria (ii.) How did the neoclassical and contingency theories improve on the imperations of the classical approach? (i.) Critically evaluate the classical theory of organization and management in the light of contemporary business environmental changes facing managers in Nigeria Classical organization theories (Taylor, 1947; Weber, 1947; Fayol, 1949) deal with the formal organization and concepts to increase management efficiency. Taylor presented scientific management concepts, Weber gave the bureaucratic approach, and Fayol developed the administrative theory of the organization. They all contributed significantly to the development of classical organization theory. Taylor's scientific management approach The scientific management approach developed by Taylor is based on the concept of planning of work to achieve efficiency, standardization, specialization and simplification. Acknowledging that the approach to increased productivity was through mutual trust between management and workers, Taylor suggested that, to increase this level of trust, • the advantages of productivity improvement should go to workers, • physical stress and anxiety should be eliminated as ...
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...Developing a sense for connections between political/technical history and the emergence of new economic ideas Many recently discussed topics in economics have ancestors in previous decades and centuries; many ‘brand-new’ approaches actually possess long beards (however often forgotten). Hans-Walter Lorenz (FSU Jena) A Short History of Economic Thought Winter 2012/13 3 / 93 Outline, Relevance, and Contents Outline, Relevance, and Contents Contents The Classics – Quesnay, Smith, Ricardo, Say, Malthus, Marx The Neoclassics – Marshall, Walras, Menger, Gossen The Keynesian Revolution The Neoclassical Synthesis and the New Classical School Strategic Behavior and Game Theory Evolutionary Economics Hans-Walter Lorenz (FSU Jena) A Short History of Economic Thought Winter 2012/13 4 / 93 The Classics The Classics The Most Influential Classical Writers: Francois Quesnay (1694 - 1774) ¸ Adam Smith (1723 - 1790) David Ricardo (1772 - 1823) Jean-Baptiste Say (1767 - 1832) Robert Malthus (1766 - 1834) Karl Marx (1818 -...
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...The advancement of the Neoclassical in France was particular to similar concepts that perhaps lead to the defeat of the upper class in the French Revolution. The lifestyle of Greece and Rome were thought of as the Golden Age in the Western world. The intent of any possible revolution was aimed at the rejuvenation of the cultured and tasteful values that conventional societies integrated. It was not until the work of artist Jacques-Louis David from 1748-1825 that the Neoclassical discovered its reflection for the very first time. A significant piece of his work attracted a lot of attention. Let’s discuss the significance and meaning of The Oath of the Horatii by Jacques-Louis Davis. Jacques-Louis David’s career expanded from pre-Revolutionary Paris across the command of Napoleon Bonaparte. David was by far the most distinguished artist during his time who attracted the attention of people such as Thomas Jefferson. Many different...
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...Classicalism b. Demonology c. Marxism d. Victimology 3. "Women accused of witchcraft were tied up and thrown in the water. If they survived, they were innocent." This type of practice is known as: a. Capital punishment b. Neoclassicalism c. Torture d. Trial by ordeal 4. The earliest theories of crime causation were: a. Demonological b. Ecological c. Economic d. Classical 5. Beccaria's work can be summarized as arguing that: a. Crime is the result of forces outside of an individual's control. b. Capitalism is at the root of most crimes. c. The punishment should fit the crime. d. Crime rates are related to geography. 6. Jeremy Bentham advocated for "the greatest happiness shared by the greatest number." The term that refers to this approach is: a. Demonism b. Ecological determinism c. Marxism d. Utilitarianism 7. Which of the following theoretical perspectives is based on the premise that human behavior is primarily hedonistic in nature? a. Classicalism/Neoclassicalism b. Demonism c. Ecological determinism d. Marxism 8. Which of the following would an adherent of the neoclassical school propose? a. Three strikes legislation b. Social reform c. Family counseling d. Substance abuse treatment 9. Who was the first researcher to take advantage of...
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...I. INTRODUCTION The international trade theory experienced several periods of development from Classical to Neoclassical, New Trade Theory, and then the New Classical Trade Theory. The earliest over international trade had its birth in the end of 15th century and initial period of 16th century. That is, during the period of western countries’ primitive accumulation of capital and the main theory is mercantilism. It is claimed of the theory that the only form of wealth is the metal---gold and silver. People can gain them though exchange and for a nation, it is to increase the social wealth. Hereby, the way to gain gold and silver is international trade. II. THE DEVELOPMENT PROCESS OF THE THEORIES: 1. CLASSICAL INTERNATIONAL TRADE THEORY In the late 1790s, the point of mercantilism was challenged by the classical economists. Based on criticizing the mercantilism, Adam Smith proposed the division of labor theory. It has been 41 years from Adam Smith proposed the absolute cost in his the Wealth of Nations in 1976 to David Ricardo proposed the comparative cost in his the Principles of Political Economy and Taxation in 1817. This is the foundation period of international trade theory, that is, the Classical period. The absolute cost of Adam Smith is based on the division of labor theory. Adam introduced the division of labor theory to the field of international trade and established his absolute cost theory, thus demonstrating the fact that a nation can make the sources of each...
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...has been around since the beginning of time and has branched off into many sectors. Works of art vary from genres and time periods to specific types. I chose to compare the Romanticism Period and the Neoclassicism Period. The term Neoclassicism refers to the classical revival in European art, architecture, and interior design that lasted from the mid-eighteenth to the early nineteenth century. This period gave rebirth to the art of ancient Rome and Greece and the Renaissance as an opposition to the ostentatious Baroque and Rococo art that preceded the movement. Neoclassicism emphasized courage, sacrifice, nationalism and tradition. Neoclassical artists incorporated classical styles and subjects, including columns, pediments, friezes, and other ornamental schemes into their work. They were inspired by the works of Homer and Plutarch and John Flaxmann’s illustrations for the Illiad and Odyssey. Also, the discovery of ancient artifacts at the ruins of Herculaneum and Pompeii also contributed as a big inspiration to neoclassicism. Neoclassical painters took extra care to depict the costumes, settings, and details of classical subject matter with as much accuracy as possible. Much of the subject matter originated from classical history and mythology. The movement emphasized line quality over...
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