Alfred Marshall

Alfred Marshall
Marshall circa the release of Principles (1890)
Born(1842-07-26)26 July 1842
London, England
Died13 July 1924(1924-07-13) (aged 81)
Cambridge, England, UK
SpouseMary Paley Marshall
Academic career
InstitutionSt John's College, Cambridge
University College, Bristol
Balliol College, Oxford
School or
tradition
Neoclassical economics
Alma materSt John's College, Cambridge
Influences
Contributions

Alfred Marshall FBA (26 July 1842 – 13 July 1924) was an English economist and 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, and brought the ideas of supply and demand, marginal utility, and costs of production into a coherent whole, popularizing the modern neoclassical approach which dominates microeconomics to this day.[2] As a result, he is known as the father of scientific economics.[3][4]

  1. ^ a b Jordan, Alexander (Spring 2019). "The Influence of Thomas Carlyle among Economists in Britain, c. 1880–1920". Historical Reflections. 45 (1): 50–69. doi:10.3167/hrrh.2019.450104. S2CID 210576145.
  2. ^ Abergel, Frédéric; Aoyama, Hideaki; Chakrabarti, Bikas K.; Chakraborti, Anirban; Ghosh, Asim (2013). Econophysics of Agent-Based Models. Cham, Switzerland: Springer Science & Business Media. p. 244. ISBN 978-3-319-00022-0.
  3. ^ "Alfred Marshall". economics.illinoisstate.edu. Archived from the original on 7 November 2016. Retrieved 1 June 2017.
  4. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).

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