The Equilibrium Economics of Laeon Walras

Table of contents

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• Title Page iii
• Contents v
• Preface ix
• Acknowledgements xii
• Conventions xiii
• Part I - Prologue 1
• 1 - On the Use of Mathematics in Economic Analysis 3
• 2 - Free Competition and General Equilibrium 8
• 3 - On the Notion of Utility as Developed by Walras 13
• 4 - Walras’s Graphic Analysis of the Exchange of Two Goods 20
• Part II - Walras’s Equilibrium Models 27
• 5 - Walras’s Exchange Model 29
• 6 - The Notion of Capital 41
• 7 - The Entrepreneur 44
• 8 - Production 49
• 9 - Walras’s Production Model 55

• Title Page iii
• Contents v
• Preface ix
• Acknowledgements xii
• Conventions xiii
• Part I - Prologue 1
• 1 - On the Use of Mathematics in Economic Analysis 3
• 2 - Free Competition and General Equilibrium 8
• 3 - On the Notion of Utility as Developed by Walras 13
• 4 - Walras’s Graphic Analysis of the Exchange of Two Goods 20
• Part II - Walras’s Equilibrium Models 27
• 5 - Walras’s Exchange Model 29
• 6 - The Notion of Capital 41
• 7 - The Entrepreneur 44
• 8 - Production 49
• 9 - Walras’s Production Model 55
• 10 - The Rate of Net Income and the Future 61
• 11 - Walras’s Model of Capital Formation 67
• 12 - On the Futility of Lessons 26 and 27 of the ÉLÉMents 77
• 13 - Circulating Capital 83
• 14 - A Prelude to the Money Models 89
• 15 - Walras’s Equilibrium Model with Fiat-Money 94
• 16 - Walras’s Equilibrium Model with Commodity-Money 102
• Part III - Extension 107
• 17 - Reality and Realistic Utopias 109
• 18 - Free Competition Revisited 113
• 19 - Walras’s ‘General General Equilibrium Model’ 120
• Appendices 127
• I 129
• II 135
• III 148
• IV 151
• V 159
• Notes 167
• References 183
• Index of Names 188
• Subject Index 190