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General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory

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Title: General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory
Description: This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as microeconomic theory. The book contains problems sets for most chapters.
Authors: Truman F. Bewley
Resource Type: eBook.
Subjects: Economic development--Mathematical models--Textbooks, Econometric models--Textbooks, Equilibrium (Economics)--Textbooks
Categories: BUSINESS & ECONOMICS / Economics / Theory, BUSINESS & ECONOMICS / Economics / General
Database: eBook Collection (EBSCOhost)
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  – Type: ebook-pdf
  – Type: ebook-epub
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  Availability: 0
Header DbId: nlebk
DbLabel: eBook Collection (EBSCOhost)
An: 282320
RelevancyScore: 1012
AccessLevel: 6
PubType: eBook
PubTypeId: ebook
PreciseRelevancyScore: 1011.53295898438
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  Data: This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as microeconomic theory. The book contains problems sets for most chapters.
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    Classifications:
      – Code: 339.5
        Scheme: ddc
        Type: prePub
    Languages:
      – Code: eng
        Text: English
    Subjects:
      – SubjectFull: Economic development--Mathematical models--Textbooks
        Type: general
      – SubjectFull: Econometric models--Textbooks
        Type: general
      – SubjectFull: Equilibrium (Economics)--Textbooks
        Type: general
    Titles:
      – TitleFull: General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory
        Type: main
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          Name:
            NameFull: Truman F. Bewley
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            NameFull: Truman F. Bewley
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          Dates:
            – D: 01
              M: 01
              Type: published
              Y: 2007
            – D: 04
              M: 02
              Type: profile
              Y: 2014
          Identifiers:
            – Type: isbn-print
              Value: 9780674022881
            – Type: isbn-electronic
              Value: 9780674020924
            – Type: isbn-electronic
              Value: 9780674262027
          Titles:
            – TitleFull: General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory
              Type: main
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