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Completions to Marshallian Out-Look, Consistent With Knowledge Based Economy


  • Alexandru JIVAN

    (West University of Timisoara, Faculty of Economics and Business Administration, Romania)


Paper aims at bringing completions to the neoclassical viewpoint in Economics, in the purpose of better according economic research to the actual needs of the economy. Research starts from certain principles of widening economic logics, involving recent economic realities and tendencies, in an interdisciplinary approach, with implications and emphasis mostly on the social field, sustainability and environment. The developments Alfred Marshall brought to the neoclassical approach (taking-back his contributions for the connections between classicism and neo-classicism) are furthered, in extensions suitable to knowledge society. More recent contributions of different fields of sciences are invoked. Results are in reminding certain almost forgotten precepts of genuine liberalism, – which are the essence of the approach of servicity – and defining the adequate new angles of approaching realities in economics, in principles and pertinent proposals consistent with knowledge-based economy.

Suggested Citation

  • Alexandru JIVAN, 2011. "Completions to Marshallian Out-Look, Consistent With Knowledge Based Economy," Timisoara Journal of Economics, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 4(1(13)), pages 11-18.
  • Handle: RePEc:wun:journl:tje:v04:y2011:i1(13):a02

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    References listed on IDEAS

    1. Guruswamy Babu, P. & Kavi Kumar, K. S. & Murthy, N. S., 1997. "An overlapping generations model with exhaustible resources and stock pollution," Ecological Economics, Elsevier, vol. 21(1), pages 35-43, April.
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    Cited by:

    1. Jivan Alexandru & Toth Maria, 2012. "Dimensions Of Human Capital -Specific Health Approach Of Nations Capital," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 312-317, July.
    2. Alexandru JIVAN, 2012. "Certain notes concerning the needs pyramid in knowledge society," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 314-322, May.

    More about this item


    knowledge based economy; sustainability; long run; servicity; A. Marshall;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • A10 - General Economics and Teaching - - General Economics - - - General
    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other


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