MAEC3331 | GENERAL EQUILIBRIUM AND PUBLIC CHOICE

Partial Equilibrium. General Equilibrium. Existence and Uniqueness of Equilibrium. Equilibrium in Exchange Economies. Equilibrium in Production Economies. Pareto optimality. First and Second Welfare Theorems. Externalities and Public goods. General Equilibrium under Uncertainty

Parent Business Unit ID: 
Prerequisite: 
MAEC3301 | MICROECONOMIC THEORY