Research topic:Alfred Marshall

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Marshall, Alfred

The Oxford Companion to British History | 2002 | | © The Oxford Companion to British History 2002, originally published by Oxford University Press 2002. (Hide copyright information) Copyright

Marshall, Alfred (1842–1924). Born in Bermondsey (London), and educated at St John's College, Cambridge, Marshall took the mathematics tripos (1862–5). By 1868 he was college lecturer in moral sciences at St John's College, with particular responsibility for teaching political economy. His reputation as the greatest British economist of his time was founded upon his magnum opus, Principles of Economics (1890). He dominated economics at Cambridge University almost to his death with many disciples, including A. C. Pigou, the young J. M. Keynes, and D. H. Robertson. Many believed that, where economics was concerned, ‘it's all in Marshall’. His major contributions related to the economics of the stationary state, welfare economics, and partial equilibrium analysis; although claims could be made on his behalf for much that became part of economics textbooks over generations, including innovations relating to utility theory, economies of scale, and supply curves.

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JOHN CANNON. "Marshall, Alfred." The Oxford Companion to British History. Oxford University Press. 2002. Encyclopedia.com. 15 Nov. 2009 <http://www.encyclopedia.com>.

JOHN CANNON. "Marshall, Alfred." The Oxford Companion to British History. Oxford University Press. 2002. Encyclopedia.com. (November 15, 2009). http://www.encyclopedia.com/doc/1O110-MarshallAlfred.html

JOHN CANNON. "Marshall, Alfred." The Oxford Companion to British History. Oxford University Press. 2002. Retrieved November 15, 2009 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O110-MarshallAlfred.html

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