Get Your First Month for Free Get Started
Price:

$11.44

Get for Free with Membership

Alfred Marshall and Neoclassicism

Economics Becomes a Science

The Great Economic Thinkers Series
By Dr. Robert Hu00e9bert, Dr. Israel Kirzner, Mike Hassell & Pat Childs
Narrated by Louis Rukeyser / 2 hours 35 minutes

Alfred Marshall (1842-1924), a British economics professor at Oxford University, developed economics into a more rigorous, professional discipline than ever before. He invented concepts such as price elasticity, the representative firm, consumer's surplus, and other ideas that significantly enlarged the "analytical tool kit" of the economist. Darwin's ideas about biological evolution especially influenced Marshall, who learned a great deal about economic behavior by viewing a business firm as a biological organism, complete with a life cycle. He is perhaps best remembered for explaining the interaction of supply (i.e. costs of production) and demand (i.e. consumer utility), using the famous "scissors" metaphor to explain how these forces determine the price of an object. The Great Economic Thinkers series is a collection of presentations that explain, in understandable language, the major ideas of history's most important economists. Special emphasis is placed on each thinker's attitude toward capitalism, revealing their influence in today's debate on economic progress and prosperity.

  Add to Your Wish List

Almost ready!

In order to save books to your Wish List you must be signed in to your account.

      Log In       Create Account
Gift

Gift this Audiobook

Simply email this audiobook to a friend or print a certificate for later. Either way, your gift supports local bookstores and lets you share a story with the touch of a button.

 

Author , , &
Narrator Louis Rukeyser
ISBN 9781481538718
Length 2 hours 35 minutes
Language English
Publisher Blackstone Audio, Inc.
Publication Date
Edition Unabridged
Libro.fm Rank #106,590 Overall
Genre Rank #442 in Education
 

Share this page!

Link too long? Use a URL Shortener