General Equilibrium

Written by one of the key pioneers in the field, this book, suitable for undergraduate courses, offers an accessible introduction to general equilibrium theory and some of its most important developments of the past fifty years, including the sunspot model, the overlapping generations model and the model with financial assets

1. A historical perspective of general equilibrium theory 2. Goods, prices and equilibrium 3. A simple class of economies 4. A more general theory of the consumer 5. Existence and optimality of equilibrium 6. The number of equilibria 7. The simplest case: two goods, two consumers and fixed total resources 8. Beyond the simple general equilibrium model