This book offers the basic grasp of general equilibrium theory
that is a fundamental background for advanced work in virtually any
sub-field of economics, and the thorough understanding of the
methods of welfare economics, particularly in a general equilibrium
context, that is indispensable for undertaking applied policy
analysis. The book uses extensive examples, both simple ones
intended to bolster basic concepts, and those illustrating
application of the material to economics in practice.
General
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