Karl Heinrich Rau on Curves and Market Areas
Reghinos D. Theocharis
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Reghinos D. Theocharis: Athens University of Economics and Business
Chapter 4 in The Development of Mathematical Economics, 1993, pp 148-164 from Palgrave Macmillan
Abstract:
Abstract Karl Heinrich Rau (1792–1870), a highly influential German Professor of Political Economy at the University of Heidelberg,1 had already published in his Grundsätze der Volkswirthschaftslehre in 1826 some elementary mathematical formulas. This part of his contribution has already been dealt with by me in Early Developments. But Rau had also by 1821 given2 an equation of exchange formula as well as functional relations and curves linking number (and size) of forms with their costs and their gross and net product.
Keywords: Demand Curve; Boundary Line; Mathematical Formula; Price Difference; Supply Curve (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12992-8_4
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DOI: 10.1007/978-1-349-12992-8_4
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