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The Equilibrium Economics of Leon Walras
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The Equilibrium Economics of Leon Walras

Book Details

Format Hardback or Cased Book
ISBN-10 0415001579
ISBN-13 9780415001571
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Sep 2nd, 1993
Print length 208 Pages
Weight 521 grams
Product Classification: Biography: business & industry
Ksh 36,000.00
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The authors examine Walras' general equilibrium models, tracing their development through his major work Elements of Pure Economics, and also placing them in the broader context of his design for optimal economic order.
The existing literature on Walras has focused on his Elements of Pure Economics to an extent which has unbalanced our view of his work. Jan van Daal and Albert Jolink pay very careful attention to Walras'' general equilibrium models, tracing their development through the five editions of his Elements. But they also place his equilibrium exercises in a broader context, arguing that these models should be considered as an instrument in Walras'' design for optimal economic order.

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