The central theme of this book is applied partial and general equilibrium modelling. In recent years, economic model building has shifted from essentially empirically ascertained model specifications, to formulations which are derived from, or consistent with, optimizing behaviour of economic agents. The book gives an introduction to the optimization technqiues needed im empirical model-building. The theoretical and empirical models for consumer behaviour, for production and factor demand, for single markets and economy-wide general equilibrium models are then presented. For each type of model, the aim is to show how empirical models with the features mentioned can be obtained and used for policy purposes.
- ISBN10 1856280764
- ISBN13 9781856280761
- Publish Date 7 February 1991
- Publish Status Out of Print
- Out of Print 10 May 2000
- Publish Country GB
- Publisher Taylor & Francis Ltd
- Imprint Avebury
- Format Hardcover
- Pages 402
- Language English