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Applied General Equilibrium: An Introduction

Applied General Equilibrium: An Introduction

Hardcover

Series: Springer Texts in Business and Economics

EconomicsGeneral Political Science

ISBN10: 3662548925
ISBN13: 9783662548929
Publisher: Springer Nature
Published: Aug 14 2017
Pages: 176
Weight: 0.99
Height: 0.50 Width: 6.14 Depth: 9.21
Language: English

This advanced textbook provides a straightforward but comprehensive introduction to applied general equilibrium modeling. General equilibrium is the backbone of modern economic analysis, which is why generation after generation of economics students have been introduced to it. As an analytical tool, general equilibrium can provide one of the most complete views of a given economy, as it incorporates all economic agents (households, firms, government and the foreign sector) in an integrated way that explicitly reveals the interplay of economic forces--supply and demand--and the balancing role of prices.

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Economics