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词汇 general-equilibrium
释义 general equilibrium
noun[ U ]
ukus
ECONOMICS
a theory that tries to explain the behaviour of supply, demand, and prices in the economy as a whole:
The general equilibrium method is becoming an essential tool for the analysis of trade and other issues.

Examples of general equilibrium


general equilibrium
As such, the conjecture is seen as providing some game-theoretic foundations for the usual assumption in generalequilibrium theory of price taking agents.
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The real problems encountered in these and many other areas offer scope for the generalequilibrium mathematical analysis of second-best policies.
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This was the first publication to attempt a rigorous statement of "stability conditions" for generalequilibrium.
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Therefore, generalequilibrium theory has traditionally been classified as part of microeconomics.
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He has published significant research in macroeconomics, especially monetary economics, international trade and generalequilibrium theory.
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Still others are complex but tractable enough to allow computable methods of solution, in particular computable generalequilibrium models for the entire economy.
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The solution of the resulting system of equations (both linear and non-linear) is the generalequilibrium.
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In contrast, generalequilibrium models in the microeconomic tradition typically involve a multitude of different goods markets.
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Entrepreneurship is difficult to analyse using the traditional tools of economics e.g. calculus and generalequilibrium models.
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He was particularly fascinated by generalequilibrium models which he considered to be the central paradigm of economic theory.
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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