Contents. 1. Historical introduction. 2. Market equilibrium: a firs approach. 3. Producton decision and the boundedness of the economy. 4. Consumer decisions and efficient allocations. 5. The existence of competitive equilibrium. 6. General equilibrium under alternative assumptions. 7. Markets with non-convex preferences. 8. The core of a market economy. 9. The uniqueness of competitive equilibrium.10. Comparing equilibria. 11. Introduction to stability analysis. 12. Stability with recontracting. 13. Trading out of equilibrium: a pure-exchange economy. 14. The Keynesian model.
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