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Audiobook Title:
Alfred Marshall and Neoclassicism: Economics Becomes a Science (Unabridged)
By: Robert Hebert

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Alfred Marshall and Neoclassicism: Economics Becomes a Science (Unabridged)Alfred Marshall and Neoclassicism: Economics Becomes a Science (Unabridged) Audio Book By: Robert Hebert

Audio Length: 2 hours and 36 min.
Avg. Cust. Rating: 5 out of 5.0

Alfred Marshall (1842-1924), a British economics professor at Oxford University, developed economics into a more rigorous, professional discipline than ever before. He invented concepts such as price elasticity, the representative firm, consumer's surplus, and other ideas that significantly enlarged the "analytical tool kit" of the economist.

Darwin's ideas about biological evolution especially influenced Marshall, who learned a great deal about economic behavior by viewing a business firm as a biological organism, complete with a life cycle. He is perhaps best remembered for explaining the interaction of supply (i.e. costs of production) and demand (i.e. consumer utility), using the famous "scissors" metaphor to explain how these forces determine the price of an object.

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Alfred Marshall and Neoclassicism: Economics Becomes a Science (Unabridged)
By: Robert Hebert
Audio Length: 2 hours and 36 min.
Avg. Cust. Rating: 5 out of 5.0
List Price:
$19.95
Click Here to e-mail yourself a link to this page as a reminder for later reference.





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