"Neoclassical School of Economics" (1 janv. 1870 – 1 janv. 1930)
Description:
- The economic theory focuses on the determination of the price or value of a product which is based on the amount of utility- Utility could be measured and given a monetary value
- Reject the labour theory of value and emphasize the demand side
Ajouté au bande de temps:
Date:
1 janv. 1870
1 janv. 1930
~ 60 years