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The development of general equilibrium theory represents one of the greatest advances in economic analysis in the latter half of the twentieth century. This boo

Motivation. That elegant fiction the competitive equilibrium seems still to dominate the frontiers of theoretical microeconomics. We may think of it in a genera

This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detaile

Andreu Mas-Colell revolutionized our understanding of competitive markets, price formation, and the behavior of market participants. This volume presents the pa

Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the technique