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Peer reviewed Peer reviewed
ERIC Number: EJ549875
Record Type: CIJE
Publication Date: 1997
Pages: N/A
Abstractor: N/A
ISSN: ISSN-0022-0485
Conditions for the Existence of Market Equilibrium.
Bryant, William D. A.
Journal of Economic Education, v28 n3 p230-54 Sum 1997
Maintains that most graduate-level economics textbooks rarely mention the need for consumers to be above their minimum wealth position as a condition for market equilibrium. Argues that this omission leaves students with a mistaken sense about the range of circumstances under which market equilibria can exist. (MJP)
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: Practitioners; Researchers; Teachers
Language: English
Sponsor: N/A
Authoring Institution: N/A