Microeconomic Theory Old and New: A Student's Guide

by John M. Gowdy

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: Hardcover
• Language: English
• ISBN: 0804758832
• ISBN13: 9780804758833
• Release Date: October 2009
• Publisher: Stanford Economics and Finance
• Length: 208 Pages
• Weight: 1.00 lbs.
• Dimensions: 0.7" x 6.1" x 9.1"