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There are four major schools of Macroeconomic Thought that were discussed in class and the text....

There are four major schools of Macroeconomic Thought that were discussed in class and the text. Which School of thought do you prefer? Why do you prefer this school of thought? What problems exist with this school of thought?

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In the various available school of macroeconomic thought, I prefer neoclassical theory and this is all because of the fact that it works accordingly to the rational expectations where people act with the information they receive which is true and the idea of marginal is and marginal utility actually comes from here which works according to the principles of market. However it has certain problems associated with it like normative bias, assumptions on rationality etc.

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