The New Palgrave Dictionary of Economics

Living Edition
| Editors: Palgrave Macmillan

Marginal Utility of Money

  • Eugene Silberberg
Living reference work entry

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DOI: https://doi.org/10.1057/978-1-349-95121-5_954-1
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Abstract

Interest in the marginal utility of money probably dates from Alfred Marshall’s identification of consumer’s surplus as the area under the demand curve. Marshall went on to add a qualification to his analysis:

Keywords

Demand Function Marginal Utility Demand Curve Indifference Curve Expenditure Function 
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Bibliography

  1. Marshall, A. 1920. Principles of economics, 8th ed. London: Macmillan.Google Scholar
  2. Samuelson, P.A. 1942. Constancy of the marginal utility of money. In Studies in mathematical economics and econometrics, in Honor of Henry Schultz, ed. O. Lange et al. Chicago: University of Chicago Press.Google Scholar
  3. Silberberg, E. 1978. The structure of economics. New York: McGraw-Hill.Google Scholar

Copyright information

© The Author(s) 1987

Authors and Affiliations

  • Eugene Silberberg
    • 1
  1. 1.