倫敦經(jīng)濟(jì)學(xué)院高微講義-一般均衡(已修改)
2025-10-25 11:17 本頁(yè)面
【正文】 Microeconomics General Equilibrium: price taking Excess Demand Decentralisation and Trade A manyperson economy Robinson Crusoe39。s Problem General Equilibrium Why pricetaking? A anyperson econo y Overview... ? So far we39。ve focused on petitive equilibrium analysis. But why? ? Why concentrate on equilibrium? ? Why assume petitive behaviour? ? Let39。s start by having another look at the exchange economy. ? We39。ll redraw the Edgeworth box Some puzzles in petitive equilibrium analysis General equilibrium Robinson Crusoe’s problem Decentrali sation and Trade A manyperson Economy Why pricetaking? Excess demand The solution concept Prices and the Core An exchange economy Why pricetaking? D E O a x 2 a x 1 a D E x 1 a x 2 a x 1 b O b O a D E x 2 b x 1 b O b What would I do out of equilibrium? And what would he do? Let39。s look at the inner workings... Building an Edgeworth box x1a R1a R2a x2a Oa ? The situation from Alf39。s point of view How Alf responds as p1/p2 changes... x1a R1a R2a x2a Oa ? ? ? ? ? ? ? ? ? ? Alf39。s offer curve What about Bill? x1b R1b R2b x2b Ob ? The situation from his point of view ...as an Australian x1b R1b R2b x2b Ob ? How Bill responds as p1/p2 changes... x1b R1b R2b x2b Ob ? ? ? ? ? ? ? ? ? ? Bill39。s offer curve The two offer curves 1 x2b
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