The Theory of Marginal Value

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  • The Theory of Marginal Value Book Detail

  • Author : L. V. Birck
  • Release Date : 2013-04-15
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 362
  • ISBN 13 : 1135033420
  • File Size : 34,34 MB

The Theory of Marginal Value by L. V. Birck PDF Summary

Book Description: 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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