this way students are led to understand the classical tradition in the context of modern general equilibrium theory. The …

Although general equilibrium theory originated in the late nineteenth century, modern elaboration and development of … of the twentieth century, referred to by Lionel McKenzie as the classical general equilibrium theory. McKenzie offers … general equilibrium theory. Special attention is given to the McKenzie model, in which it is not assumed that the number of …

general equilibrium theory and non-co-operative game theory. The arguments also contain distinguishable developments of the …