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NEO Classical Theory of Economics | Alfred Marshall’s Views on Economics

By Richard Daniels Reading Time: 3 mins
Updated January 27, 2017
NEO Classical Theory of Economics

The Neoclassical Economy is the mainstream of economic theory that starts from the classics of the mid-nineteenth century, which had a common body of knowledge in which emphasized value theory and distribution theory. Each productive activity generated a good with a cost that was distributed in the society in function of the costs borne to produce […]

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