Equilibrium Models in Economics

Equilibrium Models in Economics

Autor

Lawrence A. Boland

Editura

Oxford University Press

An publicare

2017

Nr. Pagini

288

ISBN

9780190274337

Categorii

In Limbi Străine Business Economie Teorie Si Filozofie

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Descriere

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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