Marginalism

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  • Engels
  • Paperback
  • 9781911116677
  • 30 september 2018
  • 192 pagina's
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Samenvatting

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 marginalist approach is much more than a set of mathematical rules.



The notion of marginalism is central to modern economic theory. Its emergence, in the 1870s, underpinned the change from classical economics to modern (micro)economics, described by Schumpeter as a “revolution”. This book explores the origins of the concept, its development and role in modern economics and shows why the marginalist approach is much more than a set of mathematical rules.

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.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
30 september 2018
Aantal pagina's
192
Illustraties
Nee

Betrokkenen

Hoofdauteur
Bert Mosselmans
Hoofduitgeverij
Agenda Publishing

Overige kenmerken

Extra groot lettertype
Nee
Product breedte
148 mm
Product lengte
210 mm
Studieboek
Ja
Verpakking breedte
148 mm
Verpakking hoogte
210 mm
Verpakking lengte
210 mm
Verpakkingsgewicht
264 g

EAN

EAN
9781911116677

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