Identify the key analytical tools and ideological perspectives of the neo-classical economics approach to the employment relationship.

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Neo-classical economics approach to the employment relationship is based on the rational economic decisions made by individuals based on market prices. This approach emphasizes the importance of creating efficient labor markets in which workers and firms can negotiate wages and other terms of employment. The egoist ideological perspective is central to this approach, which sees individuals as primarily driven by self-interest and focused on maximizing their own economic well-being. Thus, the key analytical tool of this approach is the market model, which depicts the employment relationship as a transaction in which employers and employees exchange labor for wages.

Identify the Key Analytical Tools and Ideological Perspectives of the Neo-Classical