 Solution

Assume first that $f\ne 0$ and letbe the least total degree of a nonzero homogeneous part of $f$. The associated graded ring iswhere $f_d$ is the initial homogeneous form. Multiplication by the nonzero polynomial $f_d$ is injective in $k[x,y]$, so the degree-$j$ component has dimensionSumming the components of degrees below $n$ givesThus the Hilbert polynomial isIts leading coefficient is the order of vanishing, or multiplicity, of the plane curve $f=0$ at the origin. If $f=0$, no relation is imposed and $\chi =n(n+1)/2$ for every $n$.