General Equilibrium Theory: An Introduction presents the mathematical economic theory of price determination and resource allocation from elementary to advanced levels, suitable for advanced undergraduates and graduate students of economics. This ArrowaDebreu model (known for two of its most prominent founders, both Nobel Laureates) is the basis of modern price theory and of a wide range of applications. The new edition updates discussion throughout and expands the number and variety of exercises. It offers a revised and extended treatment of core convergence, including the case of non-convex preferences, and introduces the investigation of approximate equilibrium with U-shaped curves and non-convex preferences.What does it mean in words? Why does it make sense? Your answer should run between ten and 100 words. Consider each of the ... B = [7, 18], the closed interval from 7 to 18. (a) Describe A B. Representing A B as one or more intervals isanbsp;...

Title | : | General Equilibrium Theory |

Author | : | Ross M. Starr |

Publisher | : | Cambridge University Press - 2011-04-25 |

Continue