Principles of Economics, Book 5: General Relations of Demand, Supply and Value

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 – On Markets Carl Manchester
Play 02 Temporary Equilibrium of Demand and Supply Scott Sherris
Play 03 Equilibrium of Normal Demand and Supply BethAnne
Play 04 The Investment and Distribution of Resources icyjumbo (1964-2010)
Play 05 Equilibrium of Normal Demand and Supply, Continued webround
Play 06 Joint and Composite Demand – Joint and Composite Supply Jeff Clough
Play 07 Prime and Total Cost in Relation To Joint Products marukoftu
Play 08 Marginal Costs in Relation To Values Sibella Denton
Play 09 Marginal Costs in Relation To Values, Continued BethAnne
Play 10 Marginal Costs in Relation to Agricultural Values BethAnne
Play 11 Marginal Costs in Relation to Urban Values BethAnne
Play 12 Equilibrium of Normal Demand and Supply, Continued Sibella Denton
Play 13 Theory of Changes of Normal Demand and Supply Sibella Denton
Play 14 The Theory of Monopolies Sibella Denton
Play 15 Summary of the General Theory of Equilibrium Sibella Denton