The Role of Value(s) in the Economics Discipline

Chapter Objectives

In this chapter, you will learn about:

  • Value Theory in Economics
  • Value as it is Defined by Orthodox Economics
  • The Relationship between Utilitarian Philosophy and the Economics discipline.
  • Critique of the Utilitarian Approach.
  • The Application in Economics of Philosophies other than Utilitarianism.


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Principles of Microeconomics: Scarcity and Social Provisioning Copyright © 2016 by Erik Dean, Justin Elardo, Mitch Green, Benjamin Wilson, Sebastian Berger is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.

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