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Cover image for book The Theory of Marginal Value

The Theory of Marginal Value

By:L. V. Birck
Publisher:Taylor & Francis
Print ISBN:9780415313247
eText ISBN:9781135033415
Edition:1
Copyright:2003
Format:Reflowable

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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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