Studies in Applied Economics: 1st Edition (Paperback) book cover

Studies in Applied Economics

1st Edition

By Léon Walras

Edited by Jan Van Daal


496 pages

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Paperback: 9780415654296
pub: 2019-09-18
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Léon Walras (1834-1910) was one of the key thinkers behind the development of marginal utility theory and his introduction of general equilibrium theory is one of the cornerstones of modern economic thought. Now, his seminal work Études d'économie politique appliquée, first published in 1898, is available in English, in both hardback and paperback.

This work sits aside Éléménts d'économie politique pure (1874) and Études d'économie sociale (1896, English translation, Routledge 2010) as one of Walras' crowning achievements.

Walras’s Études d’économie politique appliquée contains his best work on applied economics. In this book, he investigates where free competition is and is not possible, and how to organize and regulate economic life in these differing situations.Furthermore, he deals with other features that are important for the functioning of the economic system such as money, capital, credit, banking, securities markets and speculation.

This two-volume translation of a text that still holds vibrant relevance for economists today will be of immense interest to working economists and students of the history of economic thought.

Table of Contents

Introduction to Studies of Applied Economics. Part 1: Money Part 2: Monopolies

Part 3: Agriculture, Industry, Commerce Part 4: Credit Part 5: Banks Part 6: Stock Exchange Part 7: [Reflection]

About the Author/Editor

Jan van Daal is Professeur émérité at the Centre Auguste et Léon Walras in Lyon. A former member of the Econometric Institute of the Erasmus University Rotterdam, he is an expert on the life and works of Léon Walras. He has also written on such diverse subjects as traffic models in inland navigation, aggregation problems and Dutch economic thought.

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Economics / Theory