Neoclassical Microeconomic Theory : The Founding Austrian Vision
Book Details
Format
Hardback or Cased Book
Book Series
Routledge Foundations of the Market Economy
ISBN-10
0415152097
ISBN-13
9780415152099
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 2nd, 1997
Print length
288 Pages
Weight
386 grams
Product Classification:
EconometricsEconomic history
Ksh 30,600.00
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This work examines the contribution of the Austrian school to our understanding of markets as economic processes.
Carl Menger, Friedrich Wieser and Eugen Bohm-Bawerk are acknowledged as pioneers in the development of neoclassical economics, as well as being recognized as the founders of the Austrian School of Economics. Neoclassical Microeconomic Theory examines their contribution and compares it with the other branches of neoclassical economics that emerged between the 1870''s and 1930''s.
The author begins by exploring the initial stimulus provided by Carl Menger''s work, and then demonstrates how the views of Menger, Weiser and Bohm-Bawerk complement one another and the tensions exhibited between them: the scope and method of economics; theories of choice; price theory; competition; entrepreneurship; and capital formation and distribution.
The author begins by exploring the initial stimulus provided by Carl Menger''s work, and then demonstrates how the views of Menger, Weiser and Bohm-Bawerk complement one another and the tensions exhibited between them: the scope and method of economics; theories of choice; price theory; competition; entrepreneurship; and capital formation and distribution.
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