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Neoclassical Microeconomic Theory
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Neoclassical Microeconomic Theory : The Founding Austrian Vision

Book Details

Format Paperback / Softback
ISBN-10 1138880930
ISBN-13 9781138880931
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Jun 9th, 2015
Print length 288 Pages
Weight 340 grams
Product Classification: EconometricsEconomic history
Ksh 9,550.00
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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.

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