Call Boomerang Books 1300 36 33 32

Get Latest Book News + FREE Shipping. Subscribe to the Boomerang Books Bulletin eNewsletter right now!

Description - General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory by Truman F. Bewley

This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as micro-economic theory. The book contains problems sets for most chapters.

Buy General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory by Truman F. Bewley from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780674022881
ISBN-10: 0674022882
Format: Hardback
(235mm x 162mm x 38mm)
Pages: 624
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 2-Mar-2007
Country of Publication: United States

Book Reviews - General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory by Truman F. Bewley

» Have you read this book? We'd like to know what you think about it - write a review about General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory book by Truman F. Bewley and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Author Biography - Truman F. Bewley

Truman F. Bewley is Alfred Cowles Professor of Economics at Yale University.