ABSTRACT

First published in 1986, The Economics of Alfred Marshall is concerned with the theories of demand, supply, market structure and income distribution which the celebrated author of the Principles of Economics developed while standing on the shoulders of giants. It is thus concerned with hidden assumptions, institutional constraints, tentative conclusions and blurred distinctions; for these are an integral part of the contribution of an economist who warned against spurious over-simplification of that which is inherently complex.

The economics of Alfred Marshall appears easy when in fact it is fraught with difficulties. The Economics of Alfred Marshall seeks to explain Marshall’s theories in detail and to evaluate them in depth. The book attempts in that way to help the reader to gain a deeper understanding of an influential thinker whose insights, however difficult, continue to shed a great deal of light on the nature and workings of the economic system.

chapter |2 pages

1 Introduction

chapter |41 pages

2 Demand

chapter |27 pages

3 Supply

chapter |25 pages

4 Economics and Size

chapter |28 pages

5 Diseconomies and Size

chapter |28 pages

6 Market Structures

chapter |24 pages

7 Distribution

chapter |21 pages

8 Land

chapter |52 pages

9 Labour

chapter |34 pages

10 Capital

chapter |39 pages

11 Organisation