Description

This work on microeconomics offers interpretations of both its strengths and its weaknesses. It shows how the general equilibrium ideas of Walras and Marshall were gradually transformed after 1930 into formalized accounts of imaginary economies where trading never occurs.

General Equilibrium Analysis and the Theory of Markets

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Hardback by Manuel L. Costa

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This work on microeconomics offers interpretations of both its strengths and its weaknesses. It shows how the general equilibrium ideas... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 18/12/1998
    ISBN13: 9781858989587, 978-1858989587
    ISBN10: 1858989582

    Number of Pages: 232

    Non Fiction , Business, Finance & Law

    Description

    This work on microeconomics offers interpretations of both its strengths and its weaknesses. It shows how the general equilibrium ideas of Walras and Marshall were gradually transformed after 1930 into formalized accounts of imaginary economies where trading never occurs.

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