Date of Award
1-1-2016
Document Type
Masters Thesis
Degree Name
M.A.
Organizational Unit
College of Arts Humanities and Social Sciences, Economics
First Advisor
Robert Urquhart, Ph.D.
Second Advisor
Marco Nathan
Third Advisor
Peter Ho
Fourth Advisor
Markus Schneider
Keywords
History of economic thought, Marginal revolution, Marginal utility, Utility, Value
Abstract
The "Marginal Revolution," a well-known event in the history of economic thought, challenged the mainstream classical political economy and introduced new methods to economic study. The "Marginal Revolution" marked the rise of the Marginal Utility School and pushed the formulation of neoclassical economics. Because marginal utility is the core concept of the "Marginal Revolution," this thesis studies the origin of marginal utility theory by examining figures such as Bernoulli, Bentham, Dupuit, and Goseen, and the utility theory with its related topics of Jevons, Menger and Walras in the 1870s. This thesis considers the significance of the "Marginal Revolution," with particular focus on whether this event can be considered revolutionary.
Publication Statement
Copyright is held by the author. User is responsible for all copyright compliance.
Rights Holder
Ding Ning
Provenance
Received from ProQuest
File Format
application/pdf
Language
en
File Size
84 p.
Recommended Citation
Ning, Ding, "Rethinking the "Marginal Revolution" in the History of Economic Thought: A Brief Examination of the Marginal Utility Theory Before and in the 1870s" (2016). Electronic Theses and Dissertations. 1106.
https://digitalcommons.du.edu/etd/1106
Copyright date
2016
Discipline
Economics, Economic History