General Equilibrium

Unveiling the Genius of John R. Hicks: A Pioneer in Economic Theory
Discover the groundbreaking contributions of John R. Hicks, one of the 20th century's most influential economists, whose work in general equilibrium theory, macroeconomics, and welfare economics earned him the Nobel Prize.
Understanding and Mastering the Walrasian Market: Achieving General Equilibrium in Economics
Dive deep into the concept of a Walrasian market, exploring its mechanism, significance, and how it compares to other market models like the auction market. Understand the underlying principles and theories that shape this economic model and discover its practical applications in financial markets today.