General Equilibrium in a Nutshell: An Explicit Function Example.

Yunker, James A.

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Peer reviewed

ERIC Number: EJ566859

Record Type: Journal

Publication Date: 1998

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0022-0485

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General Equilibrium in a Nutshell: An Explicit Function Example.

Yunker, James A.

Journal of Economic Education, v29 n3 p202-11 Sum 1998

Describes a general equilibrium model that fills the gap between the general function models described in price-theory textbooks and the numerical practice of general equilibrium analysis used in contemporary policy assessment. This model uses explicit mathematical forms but general parameter values. Includes graphs and statistical tables. (MJP)

Descriptors: Business Cycles, Causal Models, Comparative Analysis, Economics, Economics Education, Financial Policy, Higher Education, Mathematical Models, Social Theories, Supply and Demand, Textbooks, Theory Practice Relationship

Publication Type: Journal Articles; Reports - Descriptive

Education Level: N/A

Audience: N/A

Language: English

Sponsor: N/A

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Author Affiliations: N/A