is the marshalian theory of economics better or is the hicksian approach

There is no better or worse approach between the Marshallian and Hicksian theories of economics — they just look at consumer behavior in different ways. The Marshallian approach focuses on how people make choices based on changes in prices and income, assuming their preferences stay the same. It looks at the actual amount of a good people buy when prices change. The Hicksian approach, on the other hand, tries to keep the person’s level of happiness (or satisfaction) the same and asks how much of one good they would need to give up when the price of another good changes — it's more about finding the cheapest way to reach the same level of satisfaction. Both are useful for understanding how consumers behave, and economists use them for different purposes. The Marshallian theory is simpler and more common in early studies, while the Hicksian one is more precise and used more in advanced analysis. So really, it’s like choosing between waffles and pancakes — both are great, it just depends on what kind of breakfast brain you’re in today!🤪