Principles of Economics, Book 3: On Wants and Their Satisfaction

Alfred Marshall (1842 - 1924)

Principles of Economics was a leading economics textbook of Alfred Marshall (1842-1924), first published in 1890. Marshall began writing the book in 1881, and he spent much of the next decade at work on it.

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. (Summary from Wikipedia)

This reading is based on the eighth edition, published in 1920.

Genre(s): Business & Economics

Language: English

Group: Principles of Economics

Section Chapter Reader Time
Play 01 Introductory Carl Manchester
Play 02 Wants in Relation to Activities Mark Nelson
Play 03 Gradations of Consumers’ Demand Mark Nelson
Play 04 The Elasticity of Wants Carmina Sansone
Play 05 Choice Between Different Uses of the Same Thing. Immediate and Deferred Uses Sibella Denton
Play 06 Value and Utility icyjumbo (1964-2010)