Title
General Equilibrium Theory Of Value
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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. The Mathematical Tools And Properties For This Theory Have Developed Over Time To Accommodate And Incorporate Developments In Economic Theory, From Multiple Markets And Economic Agents To Theories Of Production.Yves Balasko Offers An Extensive, Uptodate Look At The Standard Theory Of General Equilibrium, To Which He Has Been A Major Contributor. This Book Explains How The Equilibrium Manifold Approach Can Be Usefully Applied To The General Equilibrium Model, From Basic Consumer Theory And Exchange Economies To Models With Private Ownership Of Production. Balasko Examines Properties Of The Standard General Equilibrium Model That Are Beyond Traditional Existence And Optimality. He Applies The Theory Of Smooth Manifolds And Mappings To The Multiplicity Of Equilibrium Solutions And Related Discontinuities Of Market Prices. The Economic Concepts And Differential Topology Methods Presented In This Book Are Accessible, Clear, And Relevant, And No Prior Knowledge Of Economic Theory Is Necessary.General Equilibrium Theory Of Value Offers A Comprehensive Foundation For The Most Current Models Of Economic Theory And Is Ideally Suited For Graduate Economics Students, Advanced Undergraduates In Mathematics, And Researchers In The Field.
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- Q: How many pages does this book have? A: This book has one hundred ninety-two pages. It provides a thorough exploration of general equilibrium theory in economic contexts.
- Q: What is the binding type of this book? A: This book is hardcover. The durable binding ensures longevity and protection for the content within.
- Q: Who is the author of this book? A: The author of this book is Yves Balasko. He is a recognized contributor to the field of economic theory.
- Q: What topics are covered in this book? A: The book covers general equilibrium, supply and demand balance, and mathematical tools in economic theory. It also explores advanced topics suitable for graduate studies.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is accessible to readers without prior knowledge of economic theory. It is particularly aimed at graduate students and advanced undergraduates.
- Q: What is the main focus of this book? A: The main focus is on the general equilibrium model and its applications in economic theory. It provides insights into equilibrium solutions and market price dynamics.
- Q: How should I care for this book? A: To care for this book, keep it in a cool, dry place and avoid exposing it to direct sunlight. Regularly dust the cover to maintain its appearance.
- Q: Can this book be stored with other textbooks? A: Yes, this book can be stored alongside other textbooks. Ensure it is placed upright on a bookshelf to prevent any bending or damage.
- Q: Is this book suitable for researchers? A: Yes, this book is ideally suited for researchers in the field of economics. It presents current models and theories relevant to advanced study.
- Q: What if I receive a damaged copy? A: If you receive a damaged copy, you should contact the seller for a return or replacement. Most sellers have policies to address such issues.
- Q: Does this book have a return policy? A: Yes, return policies typically apply to this book. Check with the seller for specific details regarding their return process.
- Q: What if I have trouble understanding the concepts? A: If you have trouble understanding the concepts, consider supplementing your reading with online resources or study groups. Additional materials may provide clarification.
- Q: How does this book compare to other economics textbooks? A: This book offers a unique perspective on general equilibrium theory, which may not be covered in depth in other textbooks. Its focus on advanced topics sets it apart.
- Q: Is this book appropriate for undergraduate students? A: Yes, this book is suitable for advanced undergraduate students in mathematics. It can help them grasp complex economic theories.
- Q: What is the significance of the equilibrium manifold approach? A: The equilibrium manifold approach is significant as it provides a framework for understanding the complexities of market equilibrium. It enhances the analysis of economic models.