Equilibrium: Introduction to Equilibrium in Economics (Critical Ideas in Economics Series)

ISBN 10: 1858989280 / ISBN 13: 9781858989280

Published by Edward Elgar Pub, 2000

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Bibliographic Details

• Title: Equilibrium: Introduction to Equilibrium in Economics (Critical Ideas in Economics Series)
• Publisher: Edward Elgar Pub
• Publication Date: 2000
• Language: English
• ISBN 10: 1858989280
• ISBN 13: 9781858989280
• Binding: Hardcover
• Condition: Like New
• Book Type: book

About this title

Synopsis

The concept of equilibrium is of enormous significance in economics and is central to economic analysis. Volume I provides historical perspectives on the origins, development and criticisms of the idea of economic equilibrium and explains the meaning of modern equilibrium theory and the methods and techniques that are used. Volume II presents the classic literature on perfectly competitive equilibrium and the important models that explore equilibrium in imperfectly competitive markets. Volume III reveals the variety of recent developments and applications of the equilibrium concept, including stationary, temporary, underemployment, growth, rational expectations, Bayesian, and cooperative and non-cooperative game theoretic equilibrium.

This important and comprehensive reference collection is essential reading for all microeconomic and macroeconomic theorists and students.

About the Author

Edited by Donald A. Walker, University Professor and Professor of Economics, Emeritus, Indiana University of Pennsylvania, US