Manual of Political Economy
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Manual of Political Economy
Book Details
• ISBN: 8177556835
• Author: A. Smith
• Pages: 320 pp
• Year of Publishing: 2015
• Binding: Hardback
• Publisher: Cosmo Publications
Vilfredo Pareto’s Manual of Political Economy is regarded as a classic in the history of economic thought. This seminal work contributed to the development of general equilibrium economics and introduced key concepts such as economic efficiency and surplus approaches to collective welfare. Pareto’s study further expanded on the work of Leon Walras, challenging and complementing Walras's theories with a more comprehensive understanding of economic equilibrium.
