Principles of Economics, Book 2: Some Fundamental Notions by Alfred Marshall is a comprehensive and insightful guide to understanding foundational economic principles. Marshall skillfully breaks down complex economic concepts into easily digestible explanations, making it accessible for readers of all backgrounds.
One of the standout features of this book is Marshall's use of real-world examples to illustrate economic theories. By demonstrating how economic principles apply to everyday situations, Marshall helps readers see the relevance and practicality of economics in their own lives.
Additionally, Marshall's clear and engaging writing style makes this book a pleasure to read. He presents the material in a logical and organized manner, guiding readers through each concept with clarity and precision.
Overall, Principles of Economics, Book 2: Some Fundamental Notions is a highly valuable resource for anyone looking to deepen their understanding of economic fundamentals. Whether you are a student, professional, or simply interested in learning more about economics, this book is sure to inform and enlighten. I highly recommend it to anyone looking to grasp the principles that drive our economy.
Book Description:
Principles of Economics is a leading economics textbook by Alfred Marshall (1842-1924), first published in 1890. Marshall began writing the treatise in 1881 and he spent much of the next decade at work on it. His plan for the work gradually extended to a two-volume compilation on the whole of economic thought; the first volume was published in 1890 to worldwide acclaim that established him as one of the leading economists of his time. It brought the ideas of supply and demand, of marginal utility and of the costs of production into a coherent whole, and became the dominant economic textbook in England for a long period.(Wikipedia)
The recording is based on the eighth edition, published in 1920.