Alfred Marshall, Principles of Economics (1890) – Founder of Modern (Neo-classical) Economics. His book Principles of Economics was the dominant textbook in economics for a long time and it is considered to be his seminal work.

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Reviews

"It is impossible to understand economics in the twentieth century without knowing about Marshall's Principles. The simplicity of his presentation conceals complexities that were not apparent to later generations who picked up on the mathematics whilst ignoring many of the evolutionary ideas that fascinate modern scholars."

Roger E. Backhouse, Professor of the History and Philosophy of Economics, University of Birmingham, UK

"Alfred Marshall's Principles of Economics is an outstanding contribution, one of the foundations of neoclassical economics, and shaped the thought of economists from John Maynard Keynes to Milton Friedman. Every modern economist should make its acquaintaince and should look in admiration at that seminal diagram in which Marshall drew a supply curve intersecting a demand curve. Peter Groenewegen, Marshall's biographer and the greatest living Marshall scholar, has written a new introduction for this edition, drawing on a lifetime of insightful scholarship."

Robert W. Dimand, Professor of Economics, Brock University, Canada

About the author

Alfred Marshall (1842–1924) is widely regarded as the doyen of modern economics and the founder of the Neoclassical School of Economics; he is best known for revolutionising the teaching of economics. In 1865 Alfred Marshall was elected to a fellowship at St John's College, Cambridge, UK, he became a lecturer in moral sciences in 1868 and in 1885 he was awarded Professorship in Political Economy at Cambridge where he remained until his retirement in 1908. Marshall's magnus opus Principles of Economics was first published in 1890 to worldwide acclaim and it cemented his reputation as one of the leading economists of his time.

Bibliographic Information

Book Title: Principles of Economics
Authors: Alfred Marshall
Series Title: Palgrave Classics in Economics
DOI: https://doi.org/10.1057/9781137375261
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2013
Softcover ISBN: 978-0-230-24929-5Published: 05 December 2013
eBook ISBN: 978-1-137-37526-1Published: 05 December 2013
Series ISSN: 2947-6569
Series E-ISSN: 2947-6577
Edition Number: 1
Number of Pages: XXVIII, 731
Topics: Economic Policy, Economic Theory/Quantitative Economics/Mathematical Methods, History of Economic Thought/Methodology, Economic History, Labor Economics, International Political Economy

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Table of contents (55 chapters)

Front Matter

Preliminary Survey

Some Fundamental Notions

On Wants and Their Satisfaction

The Agents of Production Land, Labour, Capital and Organization

About this book