History of Economic Thought Lecture 3 Flashcards by Lali Tutberidze | Brainscape

Q

Who were extension of Marginalists?

A

Neo-classicals

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Key of Neo-classicals:

A

Consider both demand and supply in price determination
More value to the role of money
Marginal analysis to different market structure

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Who was the first Neo-classical?

A

Alfred Marchall

How well did you know this?

1

Not at all

2

3

4

5

Perfectly