General Equilibrium Foundation of Partial Equilibrium Analysis By Takashi HayashiEnglish | PDF | 2017 | 193 Pages | ISBN : 3319566954 | 2.12 MB
This book addresses the gaps in undergraduate teaching of partial equilibrium analysis, providing a general equilibrium viewpoint to illustrate the assumptions underlying partial equilibrium welfare analysis. It remains unexplained, at least at the level of general economics teaching, in what sense partial equilibrium analysis is indeed a part of general equilibrium analysis.