Lectures
Module 6
Vrije Universiteit · Economics and Business Economics
Y1 - Economic ChallengesInhoud
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- The Marginalist Revolution
- Consequences of the Marginalist Revolution
- William Stanley Jevons (1835-1882)
- The Coal Question (1862)
- Theory of Political Economy (1871)
- Theory of Political Economy: labor allocation
- The Solar Period and the Price of Corn (1875)
- Carl Menger (1840-1921)
- Consumption choice
- Utility maximization x
- On the origin of money
- Leon Walras (1834-1910)
- General equilibrium theory
- Process of tâtonnement X
- Walras’ place in the history of economic thought
- Alfred Marshall (1842-1924)
- Life
- Method
- Approach
- Price theory
- Consumer and producer surplus
- Why markets fail and the role of government
- Marshall’s importance
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