General Equilibrium Overlapping Generations Models and Optimal Growth Theory is popular PDF and ePub book, written by Truman F. Bewley in 2009-07-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, General Equilibrium Overlapping Generations Models and Optimal Growth Theory can be Read Online from any device for your convenience.
General Equilibrium Overlapping Generations Models and Optimal Growth Theory Book PDF Summary
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.
Detail Book of General Equilibrium Overlapping Generations Models and Optimal Growth Theory PDF
- Author : Truman F. Bewley
- Release : 01 July 2009
- Publisher : Harvard University Press
- ISBN : 9780674020924
- Genre : Business & Economics
- Total Page : 615 pages
- Language : English
- PDF File Size : 9,8 Mb
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