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General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory

About General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory

This book presents general equilibrium theory for advanced undergraduate and graduate-level economics students. It discusses economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis.

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  • Language:
  • English
  • ISBN:
  • 9780674022881
  • Binding:
  • Hardback
  • Pages:
  • 614
  • Published:
  • January 31, 2007
  • Dimensions:
  • 173x245x43 mm.
  • Weight:
  • 1048 g.
Delivery: 2-4 weeks
Expected delivery: August 10, 2025

Description of General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory

This book presents general equilibrium theory for advanced undergraduate and graduate-level economics students. It discusses economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis.

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