Commodity economics
(899 words)

1. Background

Commodity economics is the systematic scientific treatment of commercial commodities. The approach is regarded as having been founded by Johann Beckmann, whose two-volume Vorbereitung zur Waarenkunde (1793/1800; “Introduction to commodity science”) laid out its foundations in the late 18th century[2]. In English and French (l'économie des produits de base), the term designates a particular focus within economics, while Italian merceologia denotes commodity economics as an academic sub…

Cite this page
Reith, Reinhold, “Commodity economics”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 20 January 2019 <>
First published online: 2015
First print edition: 20170206

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