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The Walrasian General Equilibrium Theory


Essay, 2017

28 Pages, Grade: 2,0


Excerpt


Table of contents

Prologue

Part I. General Equilibrium in a Pure Exchange Economy
1.1. Positive Analysis
1.1.1 Pure Exchange Economy
1.1.2. Walras’ Law and the Walrasian Equilibrium: Definitions
1.1.3 Existence of Walrasian Equilibrium
1.1.4 Uniqueness of Walrasian Equilibrium
1.1.4 Stability of Walrasian Equilibrium
1.2. Normative Analysis: Welfare Economics
1.2.1 The First Fundamental Theorem of Welfare Economics and Its Implication
1.2.2 The Second Fundamental Theorem of Welfare Economics and Its Implication

Part II : General Equilibrium with Production
2.1. Positive Analysis : Walrasian Equilibrium with Production
2.2. Welfare Economics

Conclusions

List of references

List of internet sources

Excerpt out of 28 pages

Details

Title
The Walrasian General Equilibrium Theory
College
University of Bratislava
Grade
2,0
Author
Year
2017
Pages
28
Catalog Number
V421918
ISBN (eBook)
9783668694293
ISBN (Book)
9783668694309
File size
1050 KB
Language
English
Keywords
general, equilibrium, analysis
Quote paper
Dipl.-Ing. Dipl.-Wirt.Ing. Siamak Hadifar (Author), 2017, The Walrasian General Equilibrium Theory, Munich, GRIN Verlag, https://www.grin.com/document/421918

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