Essentials of Economic Theory
E790039
Essentials of Economic Theory is a foundational economics text by John Bates Clark that systematically presents his marginal productivity theory of distribution and other core principles of neoclassical economics.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Essentials of Economic Theory canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T9303392 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Essentials of Economic Theory Context triple: [John Bates Clark, notableWork, Essentials of Economic Theory]
-
A.
Foundations of Economic Analysis
Foundations of Economic Analysis is a landmark 1947 economics book by Paul Samuelson that applied rigorous mathematical methods to unify and formalize microeconomic and macroeconomic theory.
-
B.
Outlines of Economics
Outlines of Economics is a foundational economics textbook by American economist Richard T. Ely that systematically presents the principles and structure of economic theory.
-
C.
On the Theory of Economic Policy
On the Theory of Economic Policy is a foundational work in economics by Jan Tinbergen that systematically analyzes how governments can design and coordinate economic policies using formal models and quantitative methods.
-
D.
Theory of Economic Dynamics
Theory of Economic Dynamics is a seminal work by Michał Kalecki that develops a macroeconomic framework for analyzing business cycles, investment, and long-run growth under conditions of imperfect competition.
-
E.
Economics: An Introductory Analysis
"Economics: An Introductory Analysis" is a landmark introductory economics textbook by Paul Samuelson that helped shape modern economic education and popularize Keynesian economic theory.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Essentials of Economic Theory Target entity description: Essentials of Economic Theory is a foundational economics text by John Bates Clark that systematically presents his marginal productivity theory of distribution and other core principles of neoclassical economics.
-
A.
Foundations of Economic Analysis
Foundations of Economic Analysis is a landmark 1947 economics book by Paul Samuelson that applied rigorous mathematical methods to unify and formalize microeconomic and macroeconomic theory.
-
B.
Outlines of Economics
Outlines of Economics is a foundational economics textbook by American economist Richard T. Ely that systematically presents the principles and structure of economic theory.
-
C.
On the Theory of Economic Policy
On the Theory of Economic Policy is a foundational work in economics by Jan Tinbergen that systematically analyzes how governments can design and coordinate economic policies using formal models and quantitative methods.
-
D.
Theory of Economic Dynamics
Theory of Economic Dynamics is a seminal work by Michał Kalecki that develops a macroeconomic framework for analyzing business cycles, investment, and long-run growth under conditions of imperfect competition.
-
E.
Economics: An Introductory Analysis
"Economics: An Introductory Analysis" is a landmark introductory economics textbook by Paul Samuelson that helped shape modern economic education and popularize Keynesian economic theory.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics textbook ⓘ |
| academicDiscipline |
microeconomics
ⓘ
political economy ⓘ |
| associatedWith |
Clarkian economics
ⓘ
linked to:
neoclassical economics
marginal productivity theory ⓘ |
| author | John Bates Clark ⓘ |
| contributesTo |
development of neoclassical economics
ⓘ
formalization of marginal productivity theory ⓘ |
| countryOfOrigin |
United States
ⓘ
linked to:
United States of America
|
| covers |
distribution of national income
ⓘ
theory of interest ⓘ theory of rent ⓘ theory of value ⓘ theory of wages ⓘ |
| explains |
how income shares are determined by marginal productivity
ⓘ
relationship between capital and interest ⓘ role of competition in factor pricing ⓘ |
| focusesOn |
competition
ⓘ
economic distribution under competition ⓘ interest and capital ⓘ marginal productivity of capital ⓘ marginal productivity of labor ⓘ rent theory ⓘ theory of distribution ⓘ value and price theory ⓘ wage determination ⓘ |
| genre |
academic literature
ⓘ
non-fiction ⓘ |
| hasPerspective |
individualistic analysis of income distribution
ⓘ
pro-market ⓘ |
| historicalContext | rise of neoclassical economics in the United States ⓘ |
| historicalPeriodDiscussed | late 19th century economics ⓘ |
| influenced | subsequent neoclassical distribution theory ⓘ |
| influencedBy |
classical political economy
ⓘ
marginalist revolution in economics ⓘ |
| intendedAudience |
academic economists
ⓘ
students of economics ⓘ |
| language | English ⓘ |
| mainSubject |
economics
ⓘ
marginal productivity theory of distribution ⓘ neoclassical economics ⓘ |
| publicationEra | early 20th century ⓘ |
| relatedTo |
John Bates Clark’s marginal productivity theory
ⓘ
The Distribution of Wealth ⓘ |
| theoreticalFramework |
marginalism
ⓘ
neoclassical distribution theory ⓘ |
| usedIn | university economics curricula ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Essentials of Economic Theory Description of subject: Essentials of Economic Theory is a foundational economics text by John Bates Clark that systematically presents his marginal productivity theory of distribution and other core principles of neoclassical economics.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.