D
Dicread
HomeDictionaryMmarginalism

Note: The translation for this entry is currently under quality review. Some content is temporarily displayed in English only.

marginalism

marginalism
Noun

Meanings

Nounmarginalism

The economic theory that the value of a good is determined by the utility of the last unit consumed, rather than by the total utility or the cost of production.

The revolution in economic thought known as marginalism shifted the focus from labor costs to consumer utility.

Nounmarginalism

The practice or philosophy of focusing on the edges, fringes, or minor elements of a system, society, or academic field rather than the center.

Her sociological study of marginalism examines how those on the periphery of urban society influence cultural trends.

Related Words

Last Updated: July 15, 2026Report an Error