The Theory of Political Economy [electronic resource] /
Jevons, W.author.
William Stanley Jevons is regarded by many as bringing mathematical methods to the study of economics. The Theory of Political Economy brought together maths and the theory of utility, this contribution marked Jevons as a leading political economist of his time.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Contents; Introduction; Preface to the First Edition (1871); Preface to the Second Edition (1879); Preface to the Third Edition (1888); Preface to the Fourth Edition (1911); CHAPTER I Introduction; Mathematical Character of the Science; Confusion between Mathematical and Exact Science; Capability of Exact Measurement; Measurement of Feeling and Motives; Logical Method of Economics; Relation of Economics to Ethics; CHAPTER II Theory of Pleasure and Pain; Pleasure and Pain as Quantities; Pain the Negative of Pleasure; Anticipated Feeling
Uncertainty of Future EventsCHAPTER III Theory of Utility; The Laws of Human Want; Utility Is Not an Intrinsic Quality; Law of the Variation of Utility; Total Utility and Degree of Utility; Variation of the Final Degree of Utility; Disutility and Discommodity; Distribution of Commodity in Different Uses; Theory of Dimensions of Economic Quantities; Actual Prospective and Potential Utility; Distribution of a Commodity in Time; CHAPTER IV Theory of Exchange; Importance of Exchange in Economics; Ambiguity of the Term Value; Value Expresses Ratio of Exchange; Popular Use of the Term Value
Dimension of ValueDefinition of Market; Definition of Trading Body; The Law of Indifference; The Theory of Exchange; Symbolic Statement of the Theory; Analogy to the Theory of the Lever; Impediments to Exchange; Illustrations of the Theory of Exchange; Problems in the Theory of Exchange; Complex Cases of the Theory; Competition in Exchange; Failure of the Equations of Exchange; Negative and Zero Value; Equivalence of Commodities; The Gain by Exchange; Numerical Determination of the Laws of Utility; Opinions as to the Variation of Price; Variation of the Price of Corn; The Origin of Value
CHAPTER V Theory of LabourDefinition of Labour; Quantitative Notions of Labour; Symbolic Statement of the Theory; Dimensions of Labour; Balance between Need and Labour; Distribution of Labour; Relations of the Theories of Labour and Exchange; Relations of Economic Quantities; Various Cases of the Theory; Joint Production; Over-production; Limits to the Intensity of Labour; CHAPTER VI Theory of Rent; Accepted Opinions Concerning Rent; Symbolic Statement of the Theory; Illustrations of the Theory; CHAPTER VII Theory of Capital; The Function of Capital; Capital is Concerned with Time
Quantitative Notions Concerning CapitalExpression for Amount of Investment; Dimensions of Capital, Credit and Debit; Effect of the Duration of Work; Illustrations of the Investment of Capital; Fixed and Circulating Capital; Free and Invested Capital; Uniformity of the Rate of Interest; General Expression for the Rate of Interest; Dimension of Interest; Peacock on the Dimensions of Interest; Tendency of Profits to a Minimum; Advantage of Capital to Industry; Are Articles in the Consumers' Hands Capital?; CHAPTER VIII Concluding Remarks; The Doctrine of Population; Relation of Wages and Profit
Professor Hearn's Views
William Stanley Jevons is regarded by many as bringing mathematical methods to the study of economics. The Theory of Political Economy brought together maths and the theory of utility, this contribution marked Jevons as a leading political economist of his time.
Economic theory.
Economic history.
Macroeconomics.
Microeconomics.
Econometrics.
Economic Theory/Quantitative Economics/Mathematical Methods.
Economic History.
Macroeconomics/Monetary Economics//Financial Economics.
History of Economic Thought/Methodology.
Microeconomics.
Econometrics.


Theory of political economy