About: dbpedia:General_equilibrium

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In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that a set of prices exists that will result in an overall (or "general") equilibrium. General equilibrium theory contrasts to the theory of partial equilibrium, which only analyzes single markets.

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rdfs:comment	In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that a set of prices exists that will result in an overall (or "general") equilibrium. General equilibrium theory contrasts to the theory of partial equilibrium, which only analyzes single markets.
rdfs:seeAlso	dbpedia:Fundamental_theorems_of_welfare_economics dbpedia:New_classical_macroeconomics dbpedia:Sonnenschein–Mantel–Debreu_theorem dbpedia:Kakutani_fixed-point_theorem Dreze, Jacques H.
is field of	David K. Levine Drew Fudenberg Nicholas C. Yannelis Lars E. O. Svensson Arrow, Kenneth Boldrin, Michele
is known for of	Hildenbrand, Werner Cass, David Guesnerie, Roger Dreze, Jacques H.

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