Microeconomic Theory Old and New: A Student's Guide

by John Gowdy

Book Overview

Microeconomic Theory Old and New: A Student's Guide has two main goals. The first is to give advanced undergraduate and graduate students an understanding of the core model of economics: Walrasian general equilibrium theory. The text presents in detail the three building blocks of Walrasian theory-establishing Pareto efficiency in a barter economy, establishing the efficiency of competitive markets, and accounting for market failure. Each...

• Format: Paperback
• Language: English
• ISBN: 0804758840
• ISBN13: 9780804758840
• Release Date: October 2009
• Publisher: Stanford Economics and Finance
• Length: 208 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.5" x 6.0" x 8.9"