Marginalism
Language: English
Published by Agenda Publishing, 2018
- Softcover
- New
Condition: New
£ 30.62
Quantity: Over 20 available
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The notion of marginalism, central to modern economic theory, emerged in the 1870s and underpinned the change from classical economics to modern (micro)economics. This book explores the concept s development and role in modern economics and shows why the ma.
Seller Inventory # 597183076
- Title
- Marginalism
- Author
- Mosselmans, Professor Bert (University College Roosevelt, Middelburg)
- Publisher
- Agenda Publishing
- Publication year
- 2018
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1911116673
- ISBN 13
- 9781911116677
- Series
- Book 6 of 17: The Economy Key Ideas
The book examines how marginalism and its development of calculus came about in a variety of different arenas, including as a reaction to Ricardo’s dominant theory of rents, in von Thunen’s location model, in the writings of German and French authors, both within the mainstream and outside it, before going on to look in detail at the work of Jevons, Walras and Menger, the economists most closely associated with the marginal revolution.
By exploring the origins and development of the marginalist approach within the history of economic thought, rather than seeking to explain it in forbidding formal terms, the book is better able to show students the wider importance of the marginalist approach in economic theory and its far-reaching societal implications in terms of the distribution of wages and capital. For anyone who has struggled with the technicalities of microeconomic theory, this approach will be warmly welcomed.
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