Price Dynamics in Equilibrium Models - The Search for Equilibrium and the Emergence of Endogenous Fluctuations (Advances in Computational Economics, Volume 16) (Advances in Computational Economics)
Edition: 1 edition
Publisher: Springer
Published: November 2000
Language: eng
Format: Hardcover
Number of pages: 248
ISBN-13: 9780792372653
Subjects: Applied mathematics; Microeconomics; Science/Mathematics; General; Statics and dynamics (Social sciences); Mathematical Models In Economics; Prices; Business & Economics; Business / Economics / Finance; Nonlinear theories; Econometrics; Business & Economics / Economics / General; Statics and dynamics (Social s; Economics - General; Economics - Microeconomics; Equilibrium (Economics); Mathematical models
First sentence: Economic theory deals primarily with the existence of equilibria, i.e. prices at which market clearing occurs.