Neo-Classical Theories of Profit Maximisation: Origins

  • C. J. Hawkins
Chapter
Part of the Macmillan Studies in Economics book series (MSE)

Abstract

Almost the whole of today’s standard profit-maximisation theory of the firm is derived from the neo-classical models developed during the early part of this century. The models of Alfred Marshall [7], Joan Robinson [11] and Edward Chamberlin [12] are still taught, not as relics of the past or mere pedagogical devices, but as integral parts of the basic structure of modern economics. While their role in the future development of our subject is increasingly being questioned, no one can doubt their importance in bringing us to where we are today.

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Copyright information

© C. J. Hawkins 1973

Authors and Affiliations

  • C. J. Hawkins
    • 1
  1. 1.University of SouthamptonUK

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