Foundations of the Theory of General Equilibrium (ECONOMIC THEORY, ECONOMETRICS, AND MATHEMATICAL ECONOMICS) - Hardcover

Balasko, Yves

 
9780120769759: Foundations of the Theory of General Equilibrium (ECONOMIC THEORY, ECONOMETRICS, AND MATHEMATICAL ECONOMICS)

Synopsis

General equilibrium theory studies supply and demand fundamentals in an economy with multiple markets, with the objective of proving that all prices are at equilibrium. The theory analyzes the mechanism by which the choices of economic agents are coordinated across all markets.

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