bn:03222939n
Noun Concept
Categories: Game theory, Microeconomic theories, Welfare economics
EN
general equilibrium theory  Differential tax analysis  First Fundamental Theorem of Welfare Economics  General competitive equilibrium  General economic equilibrium theory
EN
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. Wikipedia
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EN
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. Wikipedia
Theory of equilibrium between supply and demand Wikidata