Equilibrium Models in Economics

Know about the book -

Equilibrium Models in Economics is written by Lawrence A. Boland and published by Oxford University Press. It's available with International Standard Book Number or ISBN identification 0190274352 (ISBN 10) and 9780190274351 (ISBN 13).

The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics critically examines the major problematic assumptions employed to build equilibrium models. It gives particular attention to the assumptions used to characterize learning, knowledge and expectations.