austrian school of economics

listen to the pronunciation of austrian school of economics
İngilizce - Türkçe
avusturya ekonomi okulu

İlgili Terimler

School of Economics
iktisat Bilimyurdu
School of economics
iktisat fakültesi
İngilizce - İngilizce
Body of economic theory developed by several late 19th-century Austrian economists. Carl Menger (1840-1921) published a paper on their new theory of value in 1871. The concept of value was subjective, the source of a product's value being its ability to satisfy human wants. The actual value depended on the utility derived by the consumer from the product in its least important use (marginal utility). The theory was also applied to production and pricing. Other founders of the school included Friedrich von Wieser (1851-1926) and Eugen von Böhm-Bawerk (1851-1914). See also opportunity cost; productivity
austrian school of economics

    Heceleme

    Aus·tri·an school of e·co·nom·ics

    Türkçe nasıl söylenir

    ôstriın skul ıv ikınämîks

    Telaffuz

    /ˈôstrēən ˈsko͞ol əv ˌēkəˈnäməks/ /ˈɔːstriːən ˈskuːl əv ˌiːkəˈnɑːmɪks/