9-10MarginlaistRevolutionWalras.pptVIP

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3. Neoclassical economics (1871-1936) 3.1 Marginalist Revolution (1871-1874) Origination of utility theory—Gossen’s Law, 1854 Gossen’s First Law: the law of diminishing marginal utility Along with the consumption of one goods, the utility derived from that goods will diminish. three fledgling young men 3位初出茅庐的年轻人 English: William Stanley Jevons 杰文斯 2. surprisingly coincidence 不谋而合 1871, Jevons Theory Of Political Economy 政治经济学原理 1871, Menger Principle Of National Economics 国民经济学原理 1874, Walras The Elements Of Pure Economics 纯经济学要义 Jevons: lecturer in Manchester, Briti

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