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General Equilibrium Theory of Value

By Yves Balasko
eBook
$58.00
By Yves Balasko
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The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms. The mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic theory, from multiple markets and economic agents to theories of production.


Yves Balasko offers an extensive, up-to-date look at the standard ...

Categories

BusinessEconomicsEconomic Theory & Schools of ThoughtEconomic Theory - General & Miscellaneous