why-is-the-new-classical-model-not-the-primary-focus-of-an-introductory-macroeco

Question

Why is the New Classical Model not the primary focus of an introductory macroeconomics course?

Accepted Answer

Because the course primarily focuses on the Keynesian Model.

Answer

Because the New Classical Model is not relevant to modern economics.

Answer

Because the New Classical Model is outdated.

Answer

Because the New Classical Model is too complex for introductory courses.