This book attempts to understand the operation and properties of 'market economies'. We do this by carefully examining, refining and in some cases extending the major theorems that Microeconomics has established in response to the Walrasian conjecture. We critically evaluate theorems and results, that assert the existence, uniqueness, stability, optimality and empirical relevance of Walrasian equilibrium states. As a result of our work, we attempt to comment on the wisdom of recommending that socio-economic systems operate as a collection of deregulated competitive markets.
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Lectures In General Equilibrium Microeconomics
This book attempts to understand the operation and properties of 'market economies'. We do this by carefully examining, refining and in some cases extending the major theorems that Microeconomics has established in response to the Walrasian conjecture. We critically evaluate theorems and results, that assert the existence, uniqueness, stability, optimality and empirical relevance of Walrasian equilibrium states. As a result of our work, we attempt to comment on the wisdom of recommending that socio-economic systems operate as a collection of deregulated competitive markets.
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Lectures In General Equilibrium Microeconomics
200
Lectures In General Equilibrium Microeconomics
200
48.0
Pre Order
Product Details
| ISBN-13: | 9789811293818 |
|---|---|
| Publisher: | World Scientific Publishing Company, Incorporated |
| Publication date: | 01/31/2026 |
| Series: | World Scientific Lecture Notes In Economics And Policy |
| Pages: | 200 |
| Product dimensions: | 6.00(w) x 1.25(h) x 9.00(d) |
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