[经济学]Review of General Equilibrium Theory.pdfVIP

Review of General Equilibrium Theory 2080030 - International Macroeconomics Spring Term 2010 Review of the following examples of general equilibrium: A Robinson Crusoe economy. A 2 2 production (closed) economy. A 2 2 production (open) economy. A Robinson Crusoe Economy Agents: 1 consumer and 1 producer who are price-taking agents. Goods: There are two different goods: leisure, , and a consumption good, X , produced by the firm. Preferences: are continuous, convex, and strongly monotone over the consumpt