ReconPlots
Convenient functions for plotting economics-style supply/demand curves in R
Install / Use
/learn @andrewheiss/ReconPlotsREADME
reconPlots: Create economics-style plots with R
Author: Andrew Heiss<br/> License: MIT
Intro paragraph here.
Installation
This package is not on CRAN yet.
You can install the development version from Github with devtools:
library(devtools)
install_github("andrewheiss/reconPlots")
Plotting intersections of curves
The curve_intersect() function calculates the intersection of two curves, defined as either as data frames with x and y columns, or as single-variable functions
Straight lines with empirical data
library(reconPlots)
line1 <- data.frame(x = c(1, 9), y = c(1, 9))
line1
#> x y
#> 1 1 1
#> 2 9 9
line2 <- data.frame(x = c(9, 1), y = c(1, 9))
line2
#> x y
#> 1 9 1
#> 2 1 9
line_intersection <- curve_intersect(line1, line2)
line_intersection
#> $x
#> [1] 5
#>
#> $y
#> [1] 5
library(ggplot2)
ggplot(mapping = aes(x = x, y = y)) +
geom_line(data = line1, color = "red", size = 1) +
geom_line(data = line2, color = "blue", size = 1) +
geom_vline(xintercept = line_intersection$x, linetype = "dotted") +
geom_hline(yintercept = line_intersection$y, linetype = "dotted") +
theme_classic()

Curved Bézier lines with empirical data
This also works with curved lines created with Hmisc:bezier():
curve1 <- data.frame(Hmisc::bezier(c(1, 8, 9), c(1, 5, 9)))
curve2 <- data.frame(Hmisc::bezier(c(1, 3, 9), c(9, 3, 1)))
curve_intersection <- curve_intersect(curve1, curve2)
curve_intersection
#> $x
#> [1] 4.654098
#>
#> $y
#> [1] 3.395566
ggplot(mapping = aes(x = x, y = y)) +
geom_line(data = curve1, color = "red", size = 1) +
geom_line(data = curve2, color = "blue", size = 1) +
geom_vline(xintercept = curve_intersection$x, linetype = "dotted") +
geom_hline(yintercept = curve_intersection$y, linetype = "dotted") +
theme_classic()

Curved lines defined with functions
Instead of defining curves with empirical data (i.e. data frames of x and y values), you can also work with actual functions. The only change is that you need to set empirical = FALSE and define a range of values of x to look within for the intersection.
curve1 <- function(q) (q - 10)^2
curve2 <- function(q) q^2 + 2*q + 8
x_range <- 0:5
curve_intersection <- curve_intersect(curve1, curve2, empirical = FALSE,
domain = c(min(x_range), max(x_range)))
ggplot() +
stat_function(aes(x_range), color = "blue", size = 1, fun = curve1) +
stat_function(aes(x_range), color = "red", size = 1, fun = curve2) +
geom_vline(xintercept = curve_intersection$x, linetype = "dotted") +
geom_hline(yintercept = curve_intersection$y, linetype = "dotted") +
theme_classic()

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