Open Yale CoursesECON 251: Financial TheoryLecture 3 - Computing Equilibrium<< previous session| next session >>Overview:Our understanding of the economy will be more tangible and vivid if we can in principle explain all theeconomic decisions of every agent in the economy. This lecture demonstrates, with two examples, how thetheory lets us calculate equilibrium prices and allocations in a simple economy, either by hand or using a
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This note was uploaded on 02/08/2012 for the course ECON 251 taught by Professor Geanakoplos,john during the Fall '09 term at Yale.