Alfred Marshall FBA (26 July 1842 – 13 July 1924) was an English economist, and was one of the most influential economists of his time. His book Principles of Economics (1890) was the dominant economic textbook in England for many years.
Alfred Marshall - Wikipedia
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Alfred Marshall FBA (26 July 1842 – 13 July 1924) was an English economist, and was one of the most influential economists of his time. His book Principles of Economics (1890) was the dominant economic textbook in England for many years.
Alfred Marshall, (born July 26, 1842, London, England—died July 13, 1924, Cambridge, Cambridgeshire), one of the chief founders of the school of English neoclassical economists and the first principal of University College, Bristol (1877–81). Marshall was educated at Merchant Taylors’ School and at St. John’s College, Cambridge.
Alfred Marshall (July 26, 1842 – July 13, 1924), was one of the most influential economists of his time. He led the British neoclassical school of economics , and was responsible for the emergence of Cambridge University as a center of economic research in the early twentieth century.
Alfred Marshall 1842-1924 A lfred Marshall was the dominant figure in British economics (itself dominant in world economics) from about 1890 until his death in 1924. His specialty was microeconomics —the study of individual markets and industries, as opposed to the study of the whole economy.
Alfred Marshall, whose Principles of Economics (first published in 1890) was for long an authority for English-speaking economists, based his definition of the market on that of the French economist A. Cournot: Read More influence on Friedman In Milton Friedman: Education and career
Alfred Marshall FBA (26 July 1842 – 13 July 1924) was an English economist, who was one of the most influential economists of his time. His book, Principles of Economics (1890), was the dominant economic textbook in England for many years. It brought the ideas of supply and demand, marginal utility, and costs of production into a coherent whole.
Marshall was the great interpreter of the method of partial equilibrium. The forces influencing an economic phenomenon are too numerous and it is very difficult to analyse all of them to arrive at a complete explanation of the phenomenon. Therefore, the best method is to keep other forces constant, and study the forces influencing the phenomenon.