LEON WALRAS BY THE BEGINNINGS OF THE MODERN THEORY OF GENERAL ECONOMIC EQUILIBRIUM
- Authors: Grodsky V.S.1, Chechik E.A.2
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Affiliations:
- the Dept. of Economy of the City and Municipal Management, Samara State University, Samara, 443011, Russian Federation.
- the Dept. of National and World Economics, Samara State Technical University, Samara, 443100, Russian Federation.
- Issue: Vol 4, No 4 (2013)
- Pages: 126-136
- Section: ECONOMICS
- URL: https://journals.ssau.ru/eco/article/view/5337
- DOI: https://doi.org/10.18287/2542-0461-2013-0-4-126-136
- ID: 5337
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Abstract
In this paper the contribution of economist Leon Walras in general economic equilibrium theory is analyzed. The conclusion is drawn that scientist in his researches put a global question on which we should find an answer by means of synthesis of a number of concepts of the theory of general economic eqilibrium, by means of approaching to the real economy, departure from bulky simulators to the more understandible and transparent descriptions of the mechanism of functioning of economy
About the authors
V. S. Grodsky
the Dept. of Economy of the City and Municipal Management, Samara State University, Samara, 443011, Russian Federation.
Author for correspondence.
Email: morenov.sv@ssau.ru
E. A. Chechik
the Dept. of National and World Economics, Samara State Technical University, Samara, 443100, Russian Federation.
Email: morenov.sv@ssau.ru
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