Books > Business & Economics > Economics > Microeconomics
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Equilibrium (Hardcover)
Loot Price: R23,358
Discovery Miles 233 580
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Equilibrium (Hardcover)
Series: Critical Ideas in Economics series
Expected to ship within 12 - 17 working days
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The concept of equilibrium is of enormous significance in economics
and is central to economic analysis. Volume I provides historical
perspectives on the origins, development and criticisms of the idea
of economic equilibrium and explains the meaning of modern
equilibrium theory and the methods and techniques that are used.
Volume II presents the classic literature on perfectly competitive
equilibrium and the important models that explore equilibrium in
imperfectly competitive markets. Volume III reveals the variety of
recent developments and applications of the equilibrium concept,
including stationary, temporary, underemployment, growth, rational
expectations, Bayesian, and cooperative and non-cooperative game
theoretic equilibrium.This important and comprehensive reference
collection is essential reading for all microeconomic and
macroeconomic theorists and students.
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