The Theory of Marginal Value
Paperback Engels 2010 9780415607162Samenvatting
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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