2012•Economic Research GuideRequires access

The general equilibrium point determining in the simplified general equilibrium model

Chen Yu-kang

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Abstract

When economics textbook in general equilibrium,often two men,two kinds of factors of production,products that most simple of society as a research object,which usually deals only with the existence of general equilibrium,but did not explain that the most simple general equilibrium of society determine that as research objects.

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When economics textbook in general equilibrium,often two men,two kinds of factors of production,products that most simple of society as a research object,which usually deals only with the existence of general equilibrium,but did not explain that the most simple general equilibrium of society determine that as research objects.

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Available abstract

When economics textbook in general equilibrium,often two men,two kinds of factors of production,products that most simple of society as a research object,which usually deals only with the existence of general equilibrium,but did not explain that the most simple general equilibrium of society determine that as research objects.

Key concepts: General equilibrium theory, Simple (philosophy), Mathematical economics, Markov perfect equilibrium, Economics, Economic equilibrium, Object (grammar), Equilibrium point

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