Equilibrium Models in Economics
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 |