Principles of Economics (Volumes 1 and 2)

Author: (English) Marshall
Publisher:
Publish Date: 2006-01-01
Features: This book inherits the tradition of vulgar economics in Britain since the early 19th century. It comprehensively incorporates a eclectic approach, perfectly blending theories such as the theory of supply and demand, the theory of production costs, the theory of marginal utility, and the theory of marginal productivity, forming a system of vulgar economics based on the premise of "perfect competition" and the core of "theory of equilibrium prices."