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Equilibrium Models in Economics

Auteur: Boland, Lawrence A. (Emeritus Professor of Economics, Simon Fraser University)
Editeur: Oxford University Press
The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics critically examines the major problematic assumptions employed to build equilibrium models. It gives particular attention to the assumptions used to characterize learning, knowledge and expectations.
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The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics critically examines the major problematic assumptions employed to build equilibrium models. It gives particular attention to the assumptions used to characterize learning, knowledge and expectations.
ISBN / EAN 9780190274337
Auteur Boland, Lawrence A. (Emeritus Professor of Economics, Simon Fraser University)
Editeur Oxford University Press