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18 Jun 2019
Ekelund and Hebert, the authors of the assigned chapters on the neoclassical economists, claim that the central concept which constituted the neoclassical revolution in economics is marginal utility. What is the conception of marginal utility in the leading neoclassicals (Jevons, Menger, Walras, and Marshall) and why is the concept so important? Is it appropriate to refer to this episode as a revolution?
Ekelund and Hebert, the authors of the assigned chapters on the neoclassical economists, claim that the central concept which constituted the neoclassical revolution in economics is marginal utility. What is the conception of marginal utility in the leading neoclassicals (Jevons, Menger, Walras, and Marshall) and why is the concept so important? Is it appropriate to refer to this episode as a revolution?
1
answer
0
watching
70
views
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Tod ThielLv2
19 Jun 2019