This book aims to explain to the readers the basic idea of the
general equilibrium theory, which forms the core of the current
mainstream economics called neoclassical school. To understand this
theory is absolutely necessary, either to study further or to
criticize the contemporary economic theories. The author not only
explains traditional theories, but also makes clear the many
problems which are still unsolved.
As a text book or reference book for those students who are
studying microeconomics for the first time, the author recommends
the use of Chapter 1, Chapter 2 (except section 9), Chapter 3 (from
section 1 to section 3, section 6, section 11), Chapter 4 (from
section 1 to section 4), Chapter 5 (from section 1 to section 5,
section 8), Chapter 6 (except sections 6 and 7), Chapter 7 (from
section 1 to section 5), Chapter 8 (from section 1 to section 6)
and Chapter 9 (sections 1, 4 and 7). For more advanced readers, the
author recommends the remaining sections and the literature
recommended in the last part of each chapter. Problems given at the
end of each chapter allow readers to confirm understanding of the
content of the chapter and suggest to the readers more advanced
studies. Incidentally, the author tried to avoid the use of the
advanced mathematics. Onlyelementary knowledge ofdifferential
calculus and linear algebra are required to read this book."
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