marginal analysis


marginal analysis

the examination of the effects of adding one extra unit to, or taking away one unit from, some economic VARIABLE. See also MARGINAL COST, MARGINAL REVENUE, MARGINAL UTILITY, MARGINAL PHYSICAL PRODUCT, MARGINAL REVENUE PRODUCT, MARGINAL PROPENSITY TO CONSUME, MARGINAL PROPENSITY TO SAVE, MARGINAL PROPENSITY TO IMPORT, MARGINAL PROPENSITY TO TAX, MARGINAL RATE OF TAX, MARGINAL RATE OF SUBSTITUTION, MARGINAL RATE OF TRANSFORMATION, MARGINAL-COST PRICING, MARGINAL EFFICIENCY OF CAPITAL/INVESTMENT, DIFFERENTIAL CALCULUS.