Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Fleeming Jenkin
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Pioneer of the supply and demand graphic=== In 1870, Jenkin published the essay "On the Graphical Representation of the Laws of Supply and Demand and their Application to Labour,"<ref>Fleeming Jenkin, 1870. "The Graphical Representation of the Laws of Supply and Demand, and their Application to Labour," in Alexander Grant, ed., ''Recess Studies'', Edinburgh. ch. VI, pp. 151β85. Edinburgh. Scroll to chapter [https://books.google.com/books?id=NC5BAAAAIAAJ link.]</ref> in which he "introduced the diagrammatic method into the English economic literature" β an early published instance of [[supply and demand]] curves.<ref>A.D. Brownlie and M. F. Lloyd Prichard, 1963. "Professor Fleeming Jenkin, 1833β1885 Pioneer in Engineering and Political Economy," ''Oxford Economic Papers'', NS, 15(3), p. 211.</ref> His treatment extended beyond earlier treatments on the Continent (not apparently known by him), complete with [[comparative statics]] (a change in equilibrium from a shifts of a curve), [[welfare economics|welfare analysis]], application to the labour market, and market-period and long-run distinctions.<ref>Thomas M. Humphrey, 1992. "Marshallian Cross Diagrams and Their Uses before Alfred Marshall," ''Economic Review'', Mar/Apr, Federal Reserve Bank of Richmond, pp. [https://www.richmondfed.org/publications/research/economic_review/1992/er780201 16β21.] </ref> It was later popularised by [[Alfred Marshall]] and remains arguably the most famous graphic in economics.{{citation needed |date=December 2012}}
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Fleeming Jenkin
(section)
Add topic