The Theory of Marginal Value

1st Edition

L. V. Birck

Routledge
Published October 18, 2010
Reference - 356 Pages
ISBN 9780415607162 - CAT# Y112945

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Summary

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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