Includes Index

Cover; Half-Title; Title; Copyright; Contents; Introduction; Preface to the First Edition; Preface to the Eighth Edition; Book I Preliminary Survey; 1 Introduction; 2 The Substance of Economics; 3 Economic Generalizations or Laws; 4 The Order and Aims of Economic Studies; Book II Some Fundamental Notions; 1 Introductory; 2 Wealth; 3 Production, Consumption, Labour, Necessaries; 4 Income. Capital; Book III On Wants and Their Satisfaction; 1 Introductory; 2 Wants in Relation to Activities; 3 Gradations of Consumers' Demand; 4 The Elasticity of Wants‎

5 Choice between Different Uses of the Same Thing. Immediate and Deferred Uses6 Value and Utility; Book IV The Agents of Production, Land, Labour, Capital and Organization; 1 Introductory; 2 The Fertility of Land; 3 The Fertility of Land, continued. The Tendency to Diminishing Return; 4 The Growth of Population; 5 The Health and Strength of the Population; 6 Industrial Training; 7 The Growth of Wealth; 8 Industrial Organization; 9 Industrial Organization, continued. Division of Labour. The Influence of Machinery‎

10 Industrial Organization, continued. The Concentration of the Specialized Industries in Particular Localities11 Industrial Organization, continued. Production on a Large Scale; 12 Industrial Organization, continued. Business Management; 13 Conclusion. Correlation of the Tendencies to Increasing and to Diminishing Return; Book V General Relations of Demand, Supply and Value; 1 Introductory. On Markets; 2 Temporary Equilibrium of Demand and Supply; 3 Equilibrium of Normal Demand and Supply; 4 The Investment and Distribution of Resources‎

5 Equilibrium of Normal Demand and Supply, continued, with Reference to Long and Short Periods6 Joint and Composite Demand. Joint and Composite Supply; 7 Prime and Total Cost in Relation to Joint Products. Cost of Marketing. Insurance against Risk. Cost of Reproduction; 8 Marginal Costs in Relation to Values. General Principles; 9 Marginal Costs in Relation to Values. General Principles, continued; 10 Marginal Costs in Relation to Agricultural Values; 11 Marginal Costs in Relation to Urban Values‎

12 Equilibrium of Normal Demand and Supply, continued, with Reference to the Law of Increasing Return13 Theory of Changes of Normal Demand and Supply, in Relation to the Doctrine of Maximum Satisfaction; 14 The Theory of Monopolies; 15 Summary of the General Theory of Equilibrium of Demand and Supply; Book VI The Distribution of the National Income; 1 Preliminary Survey of Distribution; 2 Preliminary Survey of Distribution, continued; 3 Earnings of Labour; 4 Earnings of Labour, continued; 5 Earnings of Labour, continued; 6 Interest of Capital; 7 Profits of Capital and Business Power‎

Originally published in 1890, Principles of Economics was the first text to bring together the theories of supply and demand, marginal utility, and cost of production into a coherent whole. It introduced a number of new concepts which have formed the building blocks of modern microeconomics and underpin modern-day business strategy. This re-issued classic contains a new introduction by Professor Peter Groenewegen