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  • © 2007

General Equilibrium and Welfare Economics

An Introduction

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  • ISBN: 978-3-540-32223-8
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Table of contents (19 chapters)

  1. Front Matter

    Pages i-xv
  2. Consumer Demand Theory

    Pages 85-129
  3. Pure Exchange Economies

    Pages 131-153
  4. Production Theory

    Pages 155-190
  5. The Core of an Economy

    Pages 311-332
  6. Public Goods

    Pages 437-466
  7. Externalities

    Pages 467-488

About this book

A good basic understanding of general equilibrium theory is a fundamental and indispensable background for advanced work in virtually any sub-field of economics; and a thorough understanding of the methods of welfare economics, particularly in a general equilibrium context, is indispensable for investigators undertaking applied policy analysis. This book addresses these needs and requirements by emphasizing the basic underpinnings of general equilibrium and welfare economics. In particular, the theory of choice, which is fundamental to both areas, is developed in a very comprehensive and rigorous fashion. Moreover, extensive use is made of examples, both of the simple type intended to bolster the student’s understanding of the basic concepts, and those illustrating the application of the material to field areas in economics.

Keywords

  • Allocation Mechanisms
  • General Equilibrium
  • Incentives
  • Social Choice
  • Voting Rules
  • Welfare Economics
  • calculus

Reviews

From the reviews:

"The excellent textbook covers essential topics in the mathematical theory of markets, and it is addressed for a second semester of microeconomic theory as required by most Ph.D. programs in economics. … The book contains 40 figures and 11 tables, and some exercises to test the reader’s understanding at the end of each chapter. … the book covers the topic in a very lucid and useful way and is an excellent resource for the first year Ph.D. students it aims at." (G. Chichilnisky, Mathematical Reviews, Issue 2007 j)

"Even though the author treats his book only as a graduate-level textbook in general equilibrium and welfare economics, it is in fact a very rich and comprehensive scientific encyclopedia … which can also be seen as highly attractive and very useful by university workers developing different aspects of economics in a general equilibrium context. … The book is written in a very rigorous fashion and has a very clear form at the same time. All the chapters begin with introducing the readers into the topic." (Tadeusz Radzik, Zentralblatt MATH, Vol. 1128 (6), 2008)

Authors and Affiliations

  • Department of Economics, Purdue University, West Lafayette, USA

    James C. Moore

Bibliographic Information

  • Book Title: General Equilibrium and Welfare Economics

  • Book Subtitle: An Introduction

  • Authors: James C. Moore

  • DOI: https://doi.org/10.1007/978-3-540-32223-8

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2007

  • Hardcover ISBN: 978-3-540-31407-3

  • Softcover ISBN: 978-3-642-06849-2

  • eBook ISBN: 978-3-540-32223-8

  • Edition Number: 1

  • Number of Pages: XVI, 576

  • Number of Illustrations: 40 b/w illustrations

  • Topics: Quantitative Economics, Game Theory

Buying options

eBook
USD 89.00
Price excludes VAT (USA)
  • ISBN: 978-3-540-32223-8
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Softcover Book
USD 119.99
Price excludes VAT (USA)
Hardcover Book
USD 169.99
Price excludes VAT (USA)