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The Theory of General Economic Equilibrium This book presents the foundational mathematical framework for understanding how prices and quantities of goods and services are determined in a market economy. Debreu, a Nobel laureate in Economics, rigorously develops the theory of general economic equilibrium, building upon the work of Léon Walras. The text explores the existence, uniqueness, and stability of equilibrium states, providing a rigorous analytical tool for economists.
Gerard Debreu's 'Theory of General Economic Equilibrium' is a seminal work in mathematical economics, widely recognized for its rigorous formalization of economic theory. It is considered an essential text for graduate students and researchers in economics, providing the definitive mathematical treatment of the subject. The book's abstract and axiomatic approach has shaped generations of economic thought and analysis.
Page Count:
0
Publication Date:
1996-01-01
ISBN-10:
1852784172
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