Books > Business & Economics > Economics > Economic theory & philosophy
|
Buy Now
The Equilibrium Economics of Leon Walras (Hardcover)
Loot Price: R5,274
Discovery Miles 52 740
|
|
The Equilibrium Economics of Leon Walras (Hardcover)
Expected to ship within 12 - 17 working days
|
Does Walras' theory extend beyond free competition? Literature on
Walras has focused on his "Elements of pure economics". While this
is partly due to the value the economist himself attached to his
study, it has tended to present a rather unbalanced view of his
life's work. In "The Equilibrium Economics of Leon Walras, Van Daal
and Jolink trace the development of Walras' consecutive models of
general equilibrium through the five editions of his "Elements".
However, the authors also even-up the overall impression of Walras'
work by placing his equilibrium exercises in a much broader
prespective and arguing that these models should be considered as
an instrument in Walras' design for optimal economic order. The
book falls into three distinct sections. Part 1 deals with some
aspects of Walras' theory - the use of mathematics in economics,
the notion of free competition, the notion of utility, and price
formation in competitive markets. In Part 2, these aspects are
synthesized in the equilibrium models. Part 3 outlines Walras'
views on what he called the "social question", and how it led him
to formulate regulations with respect to monopoly.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.