Fundamental Economics

نویسندگان

  • Mukul Majumdar
  • Anjan Mukherji
  • Prajit K. Dutta
  • David A. Starrett
چکیده

Economics is the study of optimal use of scarce resources to promote social welfare. Of particular interest has been the role of prices in achieving a socially optimal allocation of resources through co-ordinating the actions of self-seeking individuals in a decentralized economy. Alternative notions of economic equilibrium and their efficiency properties are sketched. Finally, some of the basic issues in dynamic economics are elaborated.

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تاریخ انتشار 2009