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The Faculty of Economics was first created by Alfred Marshall in 1903, although the first notable Cambridge economist is considered to be Thomas Malthus.After Marshall, the faculty was home to Arthur Cecil Pigou, father of public economics, John Hicks, who pioneered the IS-LM model and general equilibrium theory, and John Maynard Keynes, father of modern macroeconomics. [1]
Research Papers in Economics (RePEc) is a collaborative effort of hundreds of volunteers in many countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers , preprints , journal articles, and software components. [ 1 ]
Description: Explores the "specific differentia of medical care as the object of normative economics", demonstrating that the consideration of uncertainty is key to understanding markets in health care. Importance: Generally considered a seminal work of enduring significance; key to the foundation of health economics as a field of study.
The Cambridge capital controversy, sometimes called "the capital controversy" [1] or "the two Cambridges debate", [2] was a dispute between proponents of two differing theoretical and mathematical positions in economics that started in the 1950s and lasted well into the 1960s.
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Economics handbooks that form a series include, but are not limited to, the following: Cambridge Economic Handbooks – associated with Cambridge University Press in the U.K. It began in 1922 with volumes titled Supply and Demand [3] and Money. [4] Volumes in the series carry an often-cited introduction of J. M. Keynes, its first editor. [5]
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