The Origins of Neoclassical Microeconomics

Robert B. Ekelund () and Robert Francis Hebert ()

Journal of Economic Perspectives, 2002, vol. 16, issue 3, pages 197-215

Abstract: This paper offers two objections to the standard legend that neoclassical economics originated around 1871. The first is that the tools of microeconomics were developed earlier. The second is that the method of neoclassical economics was developed later. After reviewing the international origins of neoclassical economics, Alfred Marshall's key contribution is placed in historical perspective and compared to that of the French engineer, Jules Dupuit.

Date: 2002
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