• DocumentCode
    1952815
  • Title

    Microeconomic aspects of the theory of general equilibrium of production and exchange

  • Author

    Sagi, Andras ; Pataki, Eva

  • Author_Institution
    Fac. of Econ., Novi Sad Univ., Subotica, Serbia
  • fYear
    2012
  • fDate
    20-22 Sept. 2012
  • Firstpage
    571
  • Lastpage
    576
  • Abstract
    The work deals with the comparative and critical analysis of macroeconomic aspects of general equilibrium theory. It is about the problem of general equilibrium in production, general equilibrium in exchange and the problems of simultaneous equilibrium in production and exchange. The research of cited problems contributes to a better understanding the complete economic mechanisms. Besides, general equilibrium model represents the basis for considering welfare economics and the optimization theory of contemporary market economies.
  • Keywords
    marketing; microeconomics; optimisation; contemporary market economies; exchange; general equilibrium theory; microeconomic aspects; optimization theory; production; welfare economics; Aggregates; Analytical models; Contracts; Intelligent systems; Microeconomics; Production; Pareto optimum; contract curves; general equilibrium; partial equilibrium; transformation curve in production;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Intelligent Systems and Informatics (SISY), 2012 IEEE 10th Jubilee International Symposium on
  • Conference_Location
    Subotica
  • Print_ISBN
    978-1-4673-4751-8
  • Electronic_ISBN
    978-1-4673-4749-5
  • Type

    conf

  • DOI
    10.1109/SISY.2012.6339482
  • Filename
    6339482