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Essays on Supply and Demand Page 2

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Alfred Marshall and Leon Walras

Economics

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Supply and Demand

Words: 1129 (5 pages)

Alfred Marshall and Leon Walras, two prominent neo-classical economic theorists, made significant contributions to contemporary economic analysis. Despite their differences in background and nationality, both Marshall and Walras were influenced by Cournot’s use of differential calculus in economics and included stability in their analysis. Along with Jevons and Menger, Walras is regarded as a founder…

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