Intro -- Contents -- Acknowledgments -- 1 Why Study General Equilibrium? -- 2 The General Equilibrium Model -- 2.1 Commodities -- 2.2 Allocations -- 2.3 Utility Functions -- 2.4 Economies -- 3 Economic Efficiency -- 3.1 Definition of Pareto Optimality -- 3.2 Existence of Pareto Optimal...

This book presents an exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains discussions of economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu...