Alfred Marshall презентация

economic science, is the Cambridge school of Economics.

He studied at Eton and Cambridge University, from which he graduated in 1865; taught math at Cambridge, of political economy in University College, Bristol, from 1885 to 1908 he headed the Department of political economy in their home University.

morality'. In 1885, he became Professor of political economy at Cambridge, where he remained until his retirement in 1908.

first Director of Bristol College, later the University of Bristol, again lecturing on political economy and economic theory.

classical theory and marginalism. A. Marshall is known primarily as the author of the theory of market pricing.

of utility, demand and supply, production costs). Based on the ideas of his predecessors, Marshall developed the mechanism of formation of prices.

which is demand increases at lower prices and decreases at higher prices".

the supply curve. The higher the price, the greater the offer. This "law of supply".

the flexibility (mobility of demand and supply elasticity).
Marshall distinguishes between elasticity of demand on price and income.

in 1908. In 1927 the staff of the University of Cambridge to study the works of A. Marshall had created Mesalliance society. Among the first members of the society was a famous British economists: John. M. Keynes, N. Kaldor, John. Robinson.

company annually conducts a number of activities, including lectures, meetings with foreign experts, as well as the annual charity dinner (Marshall Society Charity Dinner)