Concepedia

Concept

general equilibrium theory

Parents

3.7K

Publications

340.2K

Citations

4.1K

Authors

1.3K

Institutions

About

General equilibrium theory is a field within economics that analyzes the interactions of supply, demand, and prices across multiple interconnected markets simultaneously. It investigates the conditions under which an entire economy might reach a state of equilibrium where all markets clear, emphasizing the interdependence of economic agents and markets, employing rigorous mathematical modeling to explore existence, uniqueness, and stability properties, and providing a framework for understanding economy-wide phenomena and policy impacts.

Top Authors

Rankings shown are based on concept H-Index.

JW

Western University

TJ

Federal Reserve Bank of Minneapolis

SR

International Food Policy Research Institute

FH

University of Cambridge

AN

University of Massachusetts Amherst

Top Institutions

Rankings shown are based on concept H-Index.

University of California, Berkeley

Berkeley, United States

Stanford University

Stanford, United States

Columbia University

New York, United States

University of Chicago

Chicago, United States

University of Pennsylvania

Philadelphia, United States