The Equilibrium Economics of Leon Walras
Book Details
Format
Paperback / Softback
ISBN-10
1138008990
ISBN-13
9781138008991
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Dec 23rd, 2014
Print length
208 Pages
Weight
317 grams
Product Classification:
Biography: business & industry
Ksh 10,600.00
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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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