Principles of Economics: An Introductory Volume

Principles of Economics: An Introductory Volume
ISBN-10
0879910518
ISBN-13
9780879910518
Series
Principles of Economics
Pages
731
Language
English
Published
1982
Publisher
Porcupine Press
Author
Alfred Marshall

Description

British economist Alfred Marshall (1842-1924) was one of the founders of the "neoclassical" school in which economists studied both wealth and human behavior to understand why we make the choices we do. First published in 1890, Principles of Economics stands as Marshall's most influential work. This abridged edition offers a general introduction to the study of economics, dealing mainly with normal conditions of industry, employment, and wages. He begins by isolating the primary relations of supply, demand, and price in regard to a particular commodity. Based on his study of science, history, and philosophy, Marshall argues that, while fragmentary statistical hypotheses are used as temporary aids to dynamic conceptions, the central idea of economics must be that of a living force and movement, and its main concern must be with human beings who are impelled, for better or worse, to change and progress. Copyright © Libri GmbH. All rights reserved.

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