Name: The Theory of Political Economy
SKU: 54796217
Price: 309.00 ZAR
Availability: InStock
Author: Jevons, William Stanley
ISBN: 9781983432156

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Type

Physical Book

Author

William Stanley Jevons

Publisher

Createspace

Language

English

Pages

114

Format

Paperback

Dimensions

22.9x15.2x0.6 cm

Weight

0.16 kg.

ISBN13

9781983432156

Synopsis "The Theory of Political Economy "

Irving Fisher described Jevons' book A General Mathematical Theory of Political Economy (1862) as the start of the mathematical method in economics. It made the case that economics as a science concerned with quantities is necessarily mathematical. In so doing, it expounded upon the "final" (marginal) utility theory of value. Jevons' work, along with similar discoveries made by Carl Menger in Vienna (1871) and by Léon Walras in Switzerland (1874), marked the opening of a new period in the history of economic thought. Jevons' contribution to the marginal revolution in economics in the late 19th century established his reputation as a leading political economist and logician of the time.

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The Theory of Political Economy - Jevons, William Stanley

Synopsis "The Theory of Political Economy "

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