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Marshall’s Approach to Decisions and Behaviors of Economic Units in His Value Theory

Year 2017, Volume: 6 Issue: 3, 2096 - 2111, 18.09.2017

Abstract

In Marshall’ s book the Principles of Economics Value "problematic
was discussed as in general economic approach instead of the decisions and
behaviors of the units. There is not a quest to find a general price level
which provides an equilibrium in all markets like Walrasian general equilibrium
in Marshall’s theory’s background. Especially Marshall's representative firm
approach that selection of the firm to represent all the economy rather than
random shows that he is interested in the economy as a whole from the micro
bases. In this study, we aimed to show that Marshallian value theory can be
summarized as “Marshall’s value theory is not an approach which propose
economic decisions and behaviors of consumers, firms and factor owner units one
by one”.

References

  • Bharadwaj, K. (1978). “The subversion of classical analysis: Alfred Marshall’s early writing on value”. Cambridge Journal of Economics, 2, 253-271(255).
  • Blaug, M. (1985). Economic Theory in Retrospect. (4. Baskı). Cambridge: Cambridge University Press.
  • Chasse, J. D. (1984). “Marshall, the human agent and economic growth: wants and activities revisited”. History of Political Economy, 16(3) .
  • Colander L. (1989). History of Economic Theory. (2. Baskı). Boston: Houghton Mifflin Company.
  • De Quincey, T. (1873). De Quincey's Works: Theological essays and other papers (Vol. 7). JR Osgood.
  • Edgeworth F. Y. (1891). “Review of the Second Edition of Marshall’s principles of Economics”. Economic Journal, 1.
  • Fogarty M. ve Sophister S. (1996).”A History of Value Theory”, Student Economic Review, 10.
  • Friedman, M. (1949). “The Marshallian Demand Curve”. The Journal of Political Economy, 57(6), 463-495.
  • Gootzeit, M. J. (1995). "Marshall's Views on Savings as an Individual Demand Concept" Marshall Studies Bulletin, 5, 17-34.
  • Gootzeit, M. J. (1996). "Marshall's Version of the Cumulative Process Used a Natural Rate Concept" Marshall Studies Bulletin, 6, 17-24.
  • Harcourt, G. C. (1997). The Kaldor Legacy: Reviewing Nicolas; Kaldor, Causes of Growth and Stagnation in the World Economy. University of New South Wales.
  • Hart, N. (1996). Marshall's theory of value: the role of external economies. Cambridge Journal of Economics, 20(3), 353-369.
  • Kazgan, G. (1980). İktisadi düşünce, veya, Politik iktisadın evrimi. Remzi Kitabevi.
  • Loasby, B. J. (1978). Whatever happened to Marshall's theory of value?. Scottish Journal of Political Economy, 25(1), 1-12.
  • Marshall A. (1929). Elements of Economics. London: MacMillan Co. Lmtd.
  • Marshall A. (1962). Principles of Economics. (8. Baskı). London: MacMillan Co. Lmtd.
  • Ricardo, D. (1891). Principles of political economy and taxation. G. Bell.
  • Savaş, V. F. (1998). İktisatın Tarihi. Avcıol Yayıncılık.
  • Smith, Adam, (1997 [1776]). Ulusların Zenginliği. (2. Baskı). Ayşe Yunus ve Mehmet Bakırcı (çev.). İstanbul: Yeni Alan Yayıncılık.

Marshall’ ın Değer Teorisinde Ekonomik Birimlerin Karar ve Davranışlarına Yaklaşımı

Year 2017, Volume: 6 Issue: 3, 2096 - 2111, 18.09.2017

Abstract

Marshall’ın  “Principles
of Economics ”
adlı eserinde, “değer” sorunsalına, birimlerin karar ve
davranışlarından çok, genel bir ekonomik yaklaşımın hâkim olduğu görülmektedir.
Marshall’ın değer teorisinin arka planında belli bir denge arayışı bulunmakla
birlikte, Walrasgil genel denge gibi, bütün piyasalarda dengeyi sağlayacak bir
fiyat düzeyi arayışı bulunmamaktadır. Çalışmanın temel amacı, “Marshall’ın değer teorisinin, tek tek tüketici
bireyler, üretici firmalar ve faktör sahibi bireylerin iktisadi karar ve
davranışlarını açıklamaya çalışan bir yaklaşım olmadığını göstermektir” şeklinde
özetlenebilecek bir bakış açısının, Marshall’ın değer teorisine hâkim olduğunu
göstermektir. 

References

  • Bharadwaj, K. (1978). “The subversion of classical analysis: Alfred Marshall’s early writing on value”. Cambridge Journal of Economics, 2, 253-271(255).
  • Blaug, M. (1985). Economic Theory in Retrospect. (4. Baskı). Cambridge: Cambridge University Press.
  • Chasse, J. D. (1984). “Marshall, the human agent and economic growth: wants and activities revisited”. History of Political Economy, 16(3) .
  • Colander L. (1989). History of Economic Theory. (2. Baskı). Boston: Houghton Mifflin Company.
  • De Quincey, T. (1873). De Quincey's Works: Theological essays and other papers (Vol. 7). JR Osgood.
  • Edgeworth F. Y. (1891). “Review of the Second Edition of Marshall’s principles of Economics”. Economic Journal, 1.
  • Fogarty M. ve Sophister S. (1996).”A History of Value Theory”, Student Economic Review, 10.
  • Friedman, M. (1949). “The Marshallian Demand Curve”. The Journal of Political Economy, 57(6), 463-495.
  • Gootzeit, M. J. (1995). "Marshall's Views on Savings as an Individual Demand Concept" Marshall Studies Bulletin, 5, 17-34.
  • Gootzeit, M. J. (1996). "Marshall's Version of the Cumulative Process Used a Natural Rate Concept" Marshall Studies Bulletin, 6, 17-24.
  • Harcourt, G. C. (1997). The Kaldor Legacy: Reviewing Nicolas; Kaldor, Causes of Growth and Stagnation in the World Economy. University of New South Wales.
  • Hart, N. (1996). Marshall's theory of value: the role of external economies. Cambridge Journal of Economics, 20(3), 353-369.
  • Kazgan, G. (1980). İktisadi düşünce, veya, Politik iktisadın evrimi. Remzi Kitabevi.
  • Loasby, B. J. (1978). Whatever happened to Marshall's theory of value?. Scottish Journal of Political Economy, 25(1), 1-12.
  • Marshall A. (1929). Elements of Economics. London: MacMillan Co. Lmtd.
  • Marshall A. (1962). Principles of Economics. (8. Baskı). London: MacMillan Co. Lmtd.
  • Ricardo, D. (1891). Principles of political economy and taxation. G. Bell.
  • Savaş, V. F. (1998). İktisatın Tarihi. Avcıol Yayıncılık.
  • Smith, Adam, (1997 [1776]). Ulusların Zenginliği. (2. Baskı). Ayşe Yunus ve Mehmet Bakırcı (çev.). İstanbul: Yeni Alan Yayıncılık.
There are 19 citations in total.

Details

Journal Section Articles
Authors

Ünal Arslan

Arif Eser Güzel

Publication Date September 18, 2017
Published in Issue Year 2017 Volume: 6 Issue: 3

Cite

APA Arslan, Ü., & Güzel, A. E. (2017). Marshall’ ın Değer Teorisinde Ekonomik Birimlerin Karar ve Davranışlarına Yaklaşımı. İnsan Ve Toplum Bilimleri Araştırmaları Dergisi, 6(3), 2096-2111. https://doi.org/10.15869/itobiad.333973

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