The Theory of Marginal Value

The Theory of Marginal Value
Author :
Publisher : Routledge
Total Pages : 362
Release :
ISBN-10 : 9781135033422
ISBN-13 : 1135033420
Rating : 4/5 (22 Downloads)

Book Synopsis The Theory of Marginal Value by : L. V. Birck

Download or read book The Theory of Marginal Value written by L. V. Birck and published by Routledge. This book was released on 2013-04-15 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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