The Theory of Marginal Value
- ISBN-10
- 1135033412
- ISBN-13
- 9781135033415
- Category
- Business & Economics
- Pages
- 315
- Language
- English
- Published
- 2013-04-15
- Publisher
- Routledge
- Author
- L. V. Birck
Description
The concept of 'marginal value' is critical to the emergence of neo-classical economics. This volume is divided into sections on: Book I: Utility (Disutility of labour, Utility and Wants, Direct and Indirect Utility, Utility Equations, Subjective Price) Book II: Value and Market (Objective Price, Markets, Value) Book III: Relations of Subjective Prices (The Distribution of Income and Prices, The Elasticity of Consumption, Differential Rent) Book IV: The Normal Market (Constant, Decreasing and Increasing Return)
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