General equilibrium:
Saved in:
| Main Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
Newcastle upon Tyne
agenda publishing
2020
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| Subjects: | |
| Online Access: | Klappentext |
| Physical Description: | xiii, 156 Seiten Diagramme |
| ISBN: | 1788210417 9781788210416 9781788210409 |
Staff View
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Record in the Search Index
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| adam_text | The theory of general equilibrium offers a simplified guide to how real economies function: it describes how price, demand, supply and production interact in multiple markets and tend towards a state of equilibrium. The first attempt to model this interaction was made in the late nineteenth century, but it remained a largely theoretical exercise until the computer age, when large amounts of data could be processed to model national economies on an unprecedented scale. Yves Balasko, one of the key pioneers in the field, offers an accessible introduction to general equilibrium theory and some of its most important developments of the past fifty years. The book begins with an historical presentation of general equilibrium theory that includes the two theorems of welfare economics and also a new proof of the existence of an equilibrium. The central chapters examine the main results of the theory of general equilibrium that can be obtained by following the equilibrium manifold and natural projection approach. The final chapter demonstrates the potential for extending the general equilibrium model beyond the market economy by introducing uncertainty and contingent commodities. Written for students taking courses in economic theory and modelling who have relatively limited mathematical proficiency, the book fills a gap between forbidding technical expositions and the less rigorous elementary ones. As a masterly summation of developments in equilibrium theory by one of the subject’s leading figures, it will also be welcomed by economists working across applied and computable
general equilibrium analysis. YVES BALASKO is Professor of Economics at the University of York. He was previously Professor of Mathematical Economics at the University of Geneva and Professor of Mathematics at University of Paris I (Panthéon-Sorbonne).
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| discipline | Wirtschaftswissenschaften |
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| illustrated | Not Illustrated |
| indexdate | 2024-07-10T08:43:51Z |
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| isbn | 1788210417 9781788210416 9781788210409 |
| language | English |
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| physical | xiii, 156 Seiten Diagramme |
| publishDate | 2020 |
| publishDateSearch | 2020 |
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| publisher | agenda publishing |
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| spelling | Balasko, Yves Verfasser (DE-588)170150984 aut General equilibrium Yves Balasko Newcastle upon Tyne agenda publishing 2020 xiii, 156 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Gleichgewichtstheorie (DE-588)4071876-1 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content Gleichgewichtstheorie (DE-588)4071876-1 s Mathematisches Modell (DE-588)4114528-8 s b DE-604 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031822050&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Balasko, Yves General equilibrium Gleichgewichtstheorie (DE-588)4071876-1 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| subject_GND | (DE-588)4071876-1 (DE-588)4114528-8 (DE-588)4143413-4 |
| title | General equilibrium |
| title_auth | General equilibrium |
| title_exact_search | General equilibrium |
| title_full | General equilibrium Yves Balasko |
| title_fullStr | General equilibrium Yves Balasko |
| title_full_unstemmed | General equilibrium Yves Balasko |
| title_short | General equilibrium |
| title_sort | general equilibrium |
| topic | Gleichgewichtstheorie (DE-588)4071876-1 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| topic_facet | Gleichgewichtstheorie Mathematisches Modell Aufsatzsammlung |
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