Principles of Economics
E394984
Principles of Economics is Carl Menger’s foundational 1871 treatise that established the Austrian School of economics and introduced the theory of marginal utility.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Principles of Economics canonical | 5 |
How this entity was disambiguated
This entity first appeared as the object of triple T3879460 — 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: Principles of Economics Context triple: [Carl Menger, notableWork, Principles of Economics]
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A.
"Principles of Macroeconomics"
"Principles of Macroeconomics" is a widely used introductory economics textbook that presents core macroeconomic concepts such as GDP, inflation, unemployment, and monetary and fiscal policy in a clear, accessible manner.
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B.
"Principles of Microeconomics"
"Principles of Microeconomics" is a widely used introductory economics textbook that explains the fundamental concepts and tools of microeconomic analysis for undergraduate students.
-
C.
"Principles of Economics"
"Principles of Economics" is a widely used introductory economics textbook by Gregory Mankiw that presents core microeconomic and macroeconomic concepts in an accessible, principles-based framework.
-
D.
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.
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E.
"Principles of Economics" textbook
"Principles of Economics" is a widely used introductory economics textbook that presents core microeconomic and macroeconomic concepts in an accessible and intuitive way.
- 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: Principles of Economics Target entity description: Principles of Economics is Carl Menger’s foundational 1871 treatise that established the Austrian School of economics and introduced the theory of marginal utility.
-
A.
"Principles of Macroeconomics"
"Principles of Macroeconomics" is a widely used introductory economics textbook that presents core macroeconomic concepts such as GDP, inflation, unemployment, and monetary and fiscal policy in a clear, accessible manner.
-
B.
"Principles of Microeconomics"
"Principles of Microeconomics" is a widely used introductory economics textbook that explains the fundamental concepts and tools of microeconomic analysis for undergraduate students.
-
C.
"Principles of Economics"
"Principles of Economics" is a widely used introductory economics textbook by Gregory Mankiw that presents core microeconomic and macroeconomic concepts in an accessible, principles-based framework.
-
D.
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.
-
E.
"Principles of Economics" textbook
"Principles of Economics" is a widely used introductory economics textbook that presents core microeconomic and macroeconomic concepts in an accessible and intuitive way.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics treatise ⓘ |
| author | Carl Menger ⓘ |
| contributedTo |
marginalist economics
ⓘ
subjectivist economics ⓘ |
| countryOfOrigin | Austria ⓘ |
| emphasizes |
causal explanation of prices
ⓘ
marginal analysis ⓘ subjective valuation ⓘ |
| hasPart |
theory of capital
ⓘ
theory of money ⓘ theory of price ⓘ theory of production ⓘ theory of value ⓘ |
| historicalSignificance |
foundational work of the Austrian School
ⓘ
key text in the marginal revolution ⓘ |
| influenced |
Austrian School of economics
ⓘ
Eugen von Böhm-Bawerk ⓘ Friedrich Hayek ⓘ Friedrich von Wieser ⓘ Ludwig von Mises ⓘ Murray Rothbard ⓘ |
| introducedConcept |
causal-realist price theory
ⓘ
complementary goods ⓘ imputation theory ⓘ marginal utility ⓘ orders of goods ⓘ ordinal utility ⓘ subjective theory of value ⓘ time preference ⓘ |
| language | German ⓘ |
| methodologicalApproach |
aprioristic reasoning
ⓘ
methodological individualism ⓘ |
| movement |
marginal revolution in economics
ⓘ
surface form:
marginal revolution
|
| opposes |
historical school of economics
ⓘ
labor theory of value ⓘ |
| originalTitle | Grundsätze der Volkswirtschaftslehre ⓘ |
| positionInAuthorOeuvre | major work of Carl Menger ⓘ |
| publicationYear | 1871 ⓘ |
| publisher | Wilhelm Braumüller NERFINISHED ⓘ |
| school | Austrian School of economics ⓘ |
| subject |
capital theory
ⓘ
distribution theory ⓘ economics ⓘ methodology of economics ⓘ microeconomics ⓘ price theory ⓘ production theory ⓘ value theory ⓘ |
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: Principles of Economics Description of subject: Principles of Economics is Carl Menger’s foundational 1871 treatise that established the Austrian School of economics and introduced the theory of marginal utility.
Referenced by (5)
Full triples — surface form annotated when it differs from this entity's canonical label.