General Equilibrium Theory

General Equilibrium Theory

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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 Arrowa€“Debreu 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


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