1300 36 33 32

General Equilibrium Theory, which became the dominating paradigm after the Second World War, is founded on the postulated existence, uniqueness, and stability of equilibrium in economic processes. Since then, the concept has come under sustained attack from all points of the heterodox compass, from Austrian economists to Marxists. Partly in response to these pressures, mainstream economics has changed and moved away from the rigid framework of GET. Nonetheless, economists are continually arguing in terms of equilibrium and the existence of a variety of equilibrium concepts continues to stir controversy. The contributions in this book, which include articles from Tony Lawson, Ivor Grattan-Guinness and Roger Backhouse, highlight current notions of equilibrium in economics and provide a guide to understanding the links between economic theory and economic reality.

Buy Equilibrium in Economics book by Valeria Mosini from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780415391375
ISBN-10: 0415391377
Format: Hardback
(234mm x 156mm x 23mm)
Pages: 312
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 21-Dec-2006
Country of Publication: United Kingdom

Other Editions


» Have you read this book? We'd like to know what you think about it - write a review about Equilibrium in Economics book by Valeria Mosini and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write Review

Author Biography - Valeria Mosini

Valeria Mosini is at the London School of Economics and at the University 'La Sapienza' in Rome.

Books By Author Valeria Mosini

Reassessing the Paradigm of Economics by Valeria Mosini

Reassessing the Paradigm of Economics

Paperback, September 2013
Equilibrium in Economics by Valeria Mosini

Equilibrium in Economics

Paperback, January 2009