Marginal Analysis
This is the current revision of Marginal Analysis as edited by DeanS (talk | contribs) at 22:03, October 2, 2007. This URL is a permanent link to this version of this page.
Marginal Analysis is the study of economic decisions with respect to marginal, not total or average variables. The implied theory is that decisions are typically made "on the margin," or with an eye towards the next unit of cost, benefit, input, or output. In mathematical economics, marginal analysis typically implies analyzing the first derivatives of utility functions or production functions.