Neoclassical economics: some Marshallian insights

Nikoloski, Krume (2016) Neoclassical economics: some Marshallian insights. Universitatea "Constantin Brâncuşi" din Târgu-Jiu. ISSN 1844-7007

[thumbnail of 11_Krume Nikoloski.pdf]
Preview
Text
11_Krume Nikoloski.pdf

Download (658kB) | Preview

Abstract

In this paper are going to be analyzed the theories of supply, demand and equilibrium. It is about a neoclassical economics, Nobel laureate economist Alfred Marshall who is the inventor of the analyzed theories. And of
course that these theories which that are subject to elaboration remain valid till today in the modern market economy conditions. Marshall also was the first who introduced the term "economics", which is in mass use. He studied,primarily the problems of production, distribution, exchange and consumption in terms of individuals,households,
enterprises. With its total work appears as the founder of macroeconomics. I personally believe, that understanding the
different approaches and perspectives on the economy, the reasons for these differences and how they evolved over
time, provides a historical and philosophical context that encourages most economists to use critical analysis of current economic tools and their application.
Keywords: demand, supply, production, competition, distribution.
Classification JEL: B0, B1, B3

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Krume Nikoloski
Date Deposited: 12 Sep 2016 11:05
Last Modified: 12 Sep 2016 11:05
URI: https://eprints.ugd.edu.mk/id/eprint/16197

Actions (login required)

View Item View Item