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General Equilibrium Theory of Value

General Equilibrium Theory of Value

Authors
Publisher Princeton University Press
Year 14/08/2011
Pages 192
Version hardback
Readership level Professional and scholarly
Language English
ISBN 9780691146799
Categories Economic theory & philosophy
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Book description

The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms. This book explains how the equilibrium manifold approach can be usefully applied to the general equilibrium model.

General Equilibrium Theory of Value

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