Global InformationInframarginal analysis information
 | This article may be too technical for most readers to understand. (February 2021) |
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Inframarginal analysis is an analytical method in the study of classical economics. Xiaokai Yang created the super marginal analysis method and revived the important thought of division of labour of Adam Smith. The new classical economics reconstructs several independent economic theories with the core of neoclassical economics from the perspective of endogenous individual choice specialization level by means of inframarginal analysis, which is the frontier subject of economics development.
The analysis method based on marginal utility and marginal productivity in modern mainstream economics textbooks is marginal analysis. However, Yang Xiaokai believes that marginal analysis cannot solve the problem of division of labor, so he introduced the inframarginal analysis. In brief, inframarginal analysis is an analytical method that includes the types of products, the number of manufacturers and transaction costs into the analytical framework.[1]
The impression of inframarginal economics is that it provides potential support for marginal economics and inframarginalists argue that the division of labour and professionalization of the economy are crucial to economic progress. To prove this, they need to develop the empirical aspects of their field and inframarginalists seems to be obsessed with analysing solutions[neutrality is disputed].[1]
- ^ a b Dixon, Peter B. (2006). "Inframarginal Economics: An Outsider's View". Economic Papers: A Journal of Applied Economics and Policy. 25 (2): 177–195. doi:10.1111/j.1759-3441.2006.tb00394.x. ISSN 1759-3441.