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Early economic thought
Classical economics
Marx and the socialists
The rise of marginalism
Marshall and the theory of partial equilibrium
Utilitarianism, welfare theory, and systems debate
Imperfect competition
Schumpeter and the principle of creative destruction
Keynes and the principle of effective demand
Reactions to Keynes
General equilibrium theory and welfare theory
Developments in selected fields.
Classical economics
Marx and the socialists
The rise of marginalism
Marshall and the theory of partial equilibrium
Utilitarianism, welfare theory, and systems debate
Imperfect competition
Schumpeter and the principle of creative destruction
Keynes and the principle of effective demand
Reactions to Keynes
General equilibrium theory and welfare theory
Developments in selected fields.