Economic Geometry: Marshalls and Other Early Representations of Demand and Supply
AbstractDoes an apparent (minor) anomaly, said to occur not infrequently in elementary expositions of supply and demand theory, really imply Ã¢â‚¬â€œ as seems to be suggested Ã¢â‚¬â€œ that there is something a bit odd about MarshallÃ¢â‚¬â„¢s diagrammatic handling of demand and supply? On investigation, we find some interesting differences of focus and exposition amongst the theorists who first developed the Ã¢â‚¬ËœgeometricÃ¢â‚¬â„¢ treatment of demand and supply, but find no reason, despite his differences from other marginalist pioneers such as Cournot, Dupuit and Walras, to consider MarshallÃ¢â‚¬â„¢s treatment either as unconventional or forced, or as to regard him as the Ã¢â‚¬Ëœodd man outÃ¢â‚¬â„¢.
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Bibliographic InfoPaper provided by University of Strathclyde Business School, Department of Economics in its series Working Papers with number 0806.
Length: 28 pages
Date of creation: Apr 2008
Date of revision:
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Marshall; Marginalist Pioneers; Diagrammatic Conventions;
Find related papers by JEL classification:
- B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Stockholm School)
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