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shifts in demand or supply curves (DO) An upward or downward movement of a whole demand or supply curve because a variable, other than price, has changed. A change in consumer tastes, in consumer incomes or in the prices of other goods can move a demand curve; a change in technology or governmental regulation can move a supply curve. These shifts are always the result of a failure of the CETERIS PARIBUS condition.<br /><em>See also:</em> identification problem
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which placed location theory in the wider economic context of GENERAL EQUILIBRIUM theory by using !NPUT OUTPUT ANALYSIS and REGIONAL MULTIPLIERS and linked it to other social sciences.<br /><em>See also:</em> regional economics <br /><em>Reference</em><br />Isard, W (1956) Location and Space Economy, Cambridge, MA: MIT Press.<br /> - (1971) Methods of Regional Analysis, Cambridge, MA: MIT Press.<br /> Isard, W and Langford, T.W (1971) Regional Input-Output Study: Recollections, Reflections and Diverse Notes on the Philadelphia Experience, Cambridge, MA: MIT Press.
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Edgeworth, Francis Ysidro, 1845-1926 (B3)<br />Irish-born economist and statistician who received a classical education at Trinity College, Dublin, and Oxford University. He began his academic employment as a lecturer in logic in 1880 and afterwards the Tooke Chair of Political Economy at King's College, London, in 1890; then Drummond Professor of Political Economy at Oxford from 1891 to 1922. A natural mathematical ability enabled him to write the very influential Mathematical Psychics (1881), much admired by MARSHALL: in it he applied mathematics to UTILITARIANISM, analysed the nature of con-
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<strong>Mastercheck</strong> – A single paper check issued from a lender or disbursing agent that includes funds for multiple FFEL Program borrowers.
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