Principles of Economics, Book 3: On Wants and Their Satisfaction
'Principles of Economics, Book 3: On Wants and Their Satisfaction' Summary
His plan for the work gradually extended to a two-volume compilation on the whole of economic thought; the first volume was published in 1890 to worldwide acclaim that established him as one of the leading economists of his time. It brought the ideas of supply and demand, of marginal utility and of the costs of production into a coherent whole, and became the dominant economic textbook in England for a long period. The second volume, which was to address foreign trade, money, trade fluctuations, taxation, and collectivism, was never published at all.
Alfred Marshall was an English economist, who was one of the most influential economists of his time. His book, Principles of Economics (1890), was the dominant economic textbook in England for many y...More on Alfred Marshall
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