Book contents
- Léon Walras, Elements of Theoretical Economics
- Dedication
- Léon Walras, Elements of Theoretical Economics
- Copyright page
- Contents
- Translators’ introduction
- Preface to the second edition
- Part I Theory of Social Wealth Part I Object and divisions of economics
- Part II Theory of exchange
- Lesson 5 The market and competition. The problem of the exchange of two commodities for each other
- Lesson 6 Curves of effective demand and effective supply
- Lesson 7 Discussion of the solution of the problem of exchange of two commodities for each other
- Lesson 8 Utility or want curves. The theorem of maximum satisfaction
- Lesson 9 Discussion of demand curves. General formula for the mathematical solution of the problem of exchange of two commodities for each other
- Lesson 10 Rareté, or the cause of value in exchange
- Lesson 11 The problem of the exchange of several commodities for one another. Theorem of general equilibrium
- Lesson 12 General formula of the mathematical solution of the problem of the exchange of several commodities for one another. Law of the determination of the prices of the commodities
- Lesson 13 Law of the variation of the prices of the commodities
- Lesson 14 Theorem of equivalent redistributions. Choice of a standard of measurement and of a medium of exchange
- Lesson 15 Purchase curves and sales curves. Price curves
- Lesson 16 Exposition and refutation of Adam Smith’s and J.-B. Say’s doctrines of the origin of value in exchange
- Part III Theory of production
- Part IV Theory of capital formation and credit
- Part V Theory of money
- Part VI Price fixing, monopoly, and taxation
- Appendix I Geometrical theory of the determination of prices
- Appendix II Observations on the principle of Messrs. Auspitz’s and Lieben’s theory of prices1
- Appendix III Note on Mr. Wicksteed’s refutation of the English theory of rent1
- Index
Lesson 6 - Curves of effective demand and effective supply
from Part II - Theory of exchange
Published online by Cambridge University Press: 05 November 2014
Book contents
- Léon Walras, Elements of Theoretical Economics
- Dedication
- Léon Walras, Elements of Theoretical Economics
- Copyright page
- Contents
- Translators’ introduction
- Preface to the second edition
- Part I Theory of Social Wealth Part I Object and divisions of economics
- Part II Theory of exchange
- Lesson 5 The market and competition. The problem of the exchange of two commodities for each other
- Lesson 6 Curves of effective demand and effective supply
- Lesson 7 Discussion of the solution of the problem of exchange of two commodities for each other
- Lesson 8 Utility or want curves. The theorem of maximum satisfaction
- Lesson 9 Discussion of demand curves. General formula for the mathematical solution of the problem of exchange of two commodities for each other
- Lesson 10 Rareté, or the cause of value in exchange
- Lesson 11 The problem of the exchange of several commodities for one another. Theorem of general equilibrium
- Lesson 12 General formula of the mathematical solution of the problem of the exchange of several commodities for one another. Law of the determination of the prices of the commodities
- Lesson 13 Law of the variation of the prices of the commodities
- Lesson 14 Theorem of equivalent redistributions. Choice of a standard of measurement and of a medium of exchange
- Lesson 15 Purchase curves and sales curves. Price curves
- Lesson 16 Exposition and refutation of Adam Smith’s and J.-B. Say’s doctrines of the origin of value in exchange
- Part III Theory of production
- Part IV Theory of capital formation and credit
- Part V Theory of money
- Part VI Price fixing, monopoly, and taxation
- Appendix I Geometrical theory of the determination of prices
- Appendix II Observations on the principle of Messrs. Auspitz’s and Lieben’s theory of prices1
- Appendix III Note on Mr. Wicksteed’s refutation of the English theory of rent1
- Index
- Type
- Chapter
- Information
- Léon Walras: Elements of Theoretical EconomicsOr, The Theory of Social Wealth, pp. 52 - 67Publisher: Cambridge University PressPrint publication year: 2014