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  3. Competitive Equilibrium
  • Cited by 10
Publisher:
Cambridge University Press
Online publication date:
December 2009
Print publication year:
1994
Online ISBN:
9780511609411
DOI:
https://doi.org/10.1017/CBO9780511609411
Subjects:
Economics, Microeconomics, Econometrics and Mathematical Methods
Information

Book description

The development of general equilibrium theory represents one of the greatest advances in economic analysis in the latter half of the twentieth century. This book, intended for advanced undergraduates and graduate students, provides a broad introduction to competitive equilibrium analysis with an emphasis on concrete applications. The first three chapters are introductory in nature, paving the way for the more advanced second half of the book. Relative to the competition, it is much more 'user friendly' while offering exceptionally broad coverage of topics. Well-designed and interesting applications help to make potentially abstract material more accessible. The book includes 92 illustrations and nearly 200 exercises.

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