Principles of Economics (Google eBook)

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Digireads.com Publishing, Jan 1, 2004 - Business & Economics
2 Reviews
Alfred Marshall (1842-1924) was one of the most influential English economists of his time. Known as one of the founders of neoclassical economics, Marshall desired to improve the mathematical rigor of economics and transform it into a more scientific profession. Although he took economics to a more mathematically meticulous level, he did not want mathematics to overshadow economics. Marshall began his significant work, the "Principles of Economics," in 1881 and spent much of the next decade at work on this discourse. "Principles" achieved worldwide reputation, becoming the most dominant economic textbook in England for many years. It positively shaped the teaching of economics in English-speaking countries. The main technical contribution was the masterful analysis of the issues of consumer surplus, increasing and diminishing returns, short and long terms, and elasticity. It brings the ideas of supply and demand, costs of production, and marginal utility into a coherent whole. In a broader sense, Marshall hoped to reconcile the classical and modern theories of value.
  

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Contents

PREFACE TO THE FIRST EDITION
7
PRELIMINARY SURVEY
13
SOME FUNDAMENTAL NOTIONS
39
ON WANTS AND THEIR SATISFACTION
58
THING IMMEDIATE AND DEFERRED USES
79
THE AGENTS OF PRODUCTION
91
TENDENCY TO DIMINISHING RETURN
98
INDUSTRIAL ORGANIZATION CONTINUED
181
APPENDIX A THE GROWTH OF FREE INDUSTRY AND ENTERPRISE
428
APPENDIX B THE GROWTH OF ECONOMIC SCIENCE
450
THE SCOPE AND METHOD OF ECONOMICS
462
USES OF ABSTRACT REASONING IN ECONOMICS
470
APPENDIX F BARTER
477
APPENDIX H LIMITATIONS OF THE USE OF STATICAL ASSUMPTIONS
488
RICARDOS THEORY OF VALUE
494
APPENDIX J THE DOCTRINE OF THE WAGESFUND
500

GENERAL RELATIONS OF DEMAND SUPPLY AND VALUE
198
PRIME AND TOTAL COST IN RELATION TO JOINT
239
THE DISTRIBUTION OF THE NATIONAL INCOME
303
APPENDIX K CERTAIN KINDS OF SURPLUS
506
MATHEMATICAL APPENDIX
513
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