Disequilibrium Foundations of Equilibrium Economics

Viac o knihe

The book presents a comprehensive model of economic analysis centered on the concept of disequilibrium. It challenges traditional equilibrium-based theories by exploring how markets operate under conditions of imbalance. Through this lens, it examines the dynamics of supply and demand, offering insights into real-world economic fluctuations and the implications for policy-making. The work aims to provide a deeper understanding of economic behavior and the complexities of market interactions.