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Paperback Microeconomic Theory Old and New: A Student's Guide Book

ISBN: 0804758840

ISBN13: 9780804758840

Microeconomic Theory Old and New: A Student's Guide

Microeconomic Theory Old and New: A Student's Guide has two main goals. The first is to give advanced undergraduate and graduate students an understanding of the core model of economics: Walrasian general equilibrium theory. The text presents in detail the three building blocks of Walrasian theory-establishing Pareto efficiency in a barter economy, establishing the efficiency of competitive markets, and accounting for market failure. Each...

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