Principles of Economics

Principles of Economics

by Alfred Marshall

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Overview

Principles of Economics by Alfred Marshall

From the dominant figure in the field of microeconomics, "Principles of Economics" by British economist Alfred Marshall lays out a detailed study of individual markets and industries. His rigorous approach to pricing using supply and demand literally laid the groundwork for future generations of economists in developing models that attempt to forecast price changes based on the factors inherent in supply and demand. Marshall also developed the concept of "price elasticity of demand", which helps to quantify consumer sensitivity to price. Marshall's "Principles of Economics" is a foundational work in the field of microeconomics and has been "required reading" for generations of students of economics. This complete edition of "Principles" is fully footnoted (over 600 hyperlinked footnotes within the text) and has all the original illustrations and graphs. This edition also has the complete Mathematical appendix.

Product Details

BN ID: 2940011811630
Publisher: Signalman Publishing
Publication date: 10/06/2010
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 820
Sales rank: 330,733
File size: 4 MB

About the Author

Alfred Marshall (1842-1924) was a British economist and, as one of the founders of neoclassical economics, he was one of the most influential economists of his time.

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