In
Consumer surplus is the willingness to pay over and above what they have to pay. It is near impossible to measure individual change in utility for every price change, so estimates are used. One such estimate is using the Marshallian Consumer Surplus method.
Wikimedia Foundation. 2010.
Economic surplus — This article is about consumers and producers surplus. For information about other surpluses, see deficit. Graph illustrating consumer (red) and producer (blue) surpluses on a supply and demand chart In mainstream economics, economic surplus… … Wikipedia
Principles of Economics (Marshall) — Principles of Economics [cite book |title=Principles of Economics| last=Marshall |first=Alfred| authorlink=Alfred Marshall |edition=Revised Edition |year=1920 |location=London |publisher=Macmillan; reprinted by Prometheus Books |isbn=1573921408]… … Wikipedia
Alfred Marshall — (born 26 July 1842 in Bermondsey, London, England, died 13 July 1924 in Cambridge, England) was an English economist and one of the most influential economists of his time. His book, Principles of Economics (1890), brings the ideas of supply and… … Wikipedia
Deadweight loss — created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. In economics,… … Wikipedia
Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… … Wikipedia
Economic growth — GDP real growth rates, 1990–1998 and 1990–2006, in selected countries … Wikipedia
History of economic thought — The history of economic thought deals with different thinkers and theories in the field of political economy and economics from the ancient world to the present day. British philosopher Adam Smith is cited by many as the father of modern… … Wikipedia
Arthur Cecil Pigou — (November 18, 1877 ndash; March 7, 1959) was an English economist. As a teacher and builder of the school of economics at Cambridge University he trained and influenced the many Cambridge economists who went on to fill chairs of economics around… … Wikipedia
Demande agrégée — Cet article concerne un concept de macro économie. Pour la demande agrégée pour les consommateurs, voir Demand curve. Pour la macro économie, la demande agrégée (notée AD) représente la demande totale de produits finis et services dans une… … Wikipédia en Français
