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
- Part III Theory of production
- Part IV Theory of capital formation and credit
- Lesson 23 Gross and net income. The rate of net income. The excess of income over consumption
- Lesson 24 Equations of capital formation and credit
- Lesson 25 Solution of the equations of capital formation and credit. Law of the determination of the rate of net income
- Lesson 26 Theorem of the maximum utility of new capital goods. Law of the variation of the rate of net income
- Lesson 27 Laws of the determination and variation of the prices of capital goods. The permanent market
- Lesson 28 Increase of the quantity of products. Laws of the general variation of prices in a progressive society
- Lesson 29 Critique of the doctrine of the Physiocrats
- Lesson 30 Exposition and refutation of the English theory of the prices of products
- Lesson 31 Exposition and refutation of the English theory of rent
- Lesson 32 Exposition and refutation of the English theories of wages and interest
- 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 27 - Laws of the determination and variation of the prices of capital goods. The permanent market
from Part IV - Theory of capital formation and credit
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
- Part III Theory of production
- Part IV Theory of capital formation and credit
- Lesson 23 Gross and net income. The rate of net income. The excess of income over consumption
- Lesson 24 Equations of capital formation and credit
- Lesson 25 Solution of the equations of capital formation and credit. Law of the determination of the rate of net income
- Lesson 26 Theorem of the maximum utility of new capital goods. Law of the variation of the rate of net income
- Lesson 27 Laws of the determination and variation of the prices of capital goods. The permanent market
- Lesson 28 Increase of the quantity of products. Laws of the general variation of prices in a progressive society
- Lesson 29 Critique of the doctrine of the Physiocrats
- Lesson 30 Exposition and refutation of the English theory of the prices of products
- Lesson 31 Exposition and refutation of the English theory of rent
- Lesson 32 Exposition and refutation of the English theories of wages and interest
- 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. 310 - 318Publisher: Cambridge University PressPrint publication year: 2014