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Static and Dynamic Aspects of General Disequilibrium Theory
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Static and Dynamic Aspects of General Disequilibrium Theory

Book Details

Format Paperback / Softback
ISBN-10 1461378680
ISBN-13 9781461378686
Publisher Springer-Verlag New York Inc.
Imprint Springer-Verlag New York Inc.
Country of Manufacture US
Country of Publication GB
Publication Date Oct 11th, 2012
Print length 508 Pages
Weight 772 grams
Dimensions 23.70 x 15.70 x 3.10 cms
Ksh 32,400.00
Werezi Extended Catalogue 0 in stock

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Mathematical economics uses mathematical tools and reasoning to describe and explain economic reality.
Mathematical economics uses mathematical tools and reasoning to describe and explain economic reality. At the core of mathematical economics is general equilibrium theory. Static and Dynamic Aspects of General Disequilibrium Theory describes and analyses various general equilibrium models, treating theory from an axiomatic point of view, which may lead to a deeper understanding of problems, may help to avoid incorrect reasoning, and may improve communication within the economic science.
This volume consists of four parts, each of which is self-contained. Part I deals with the mathematical and economic preliminaries. Part II considers the static aspects of disequilibrium theory. Part III determines price rigidities endogenously. Finally, Part IV deals with dynamic aspects of disequilibrium theory.

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