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  2. Sonnenschein–Mantel–Debreu theorem - Wikipedia

    en.wikipedia.org/wiki/Sonnenschein–Mantel...

    By Walras's law, if all but one of the excess demands is zero then the last one has to be zero as well. This means that there is one redundant equation and we can normalize one of the prices or a combination of all prices (in other words, only relative prices are determined; not the absolute price level).

  3. Economics - Wikipedia

    en.wikipedia.org/wiki/Economics

    The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".

  4. Economics in One Lesson - Wikipedia

    en.wikipedia.org/wiki/Economics_in_One_Lesson

    Chapter 25, "A Note on Books", recommends several books for those interested in further reading on economics. He suggests some intermediate-length works, such as Frederic Benham's "Economics" and Raymond T. Bye's "Principles of Economics," as well as older books like Edwin Canaan's "Wealth" and John Bates Clark's "Essentials of Economic Theory."

  5. Economics (Aristotle) - Wikipedia

    en.wikipedia.org/wiki/Economics_(Aristotle)

    Book I is broken down into six chapters that begin to define economics. The text starts by describing that economics and politics differ in two major ways, one, in the subjects with which they deal and two, the number of rulers involved. Like an owner of a house, there is only one ruling in an economy, while politics involves many rulers.

  6. Oeconomicus - Wikipedia

    en.wikipedia.org/wiki/Oeconomicus

    Oeconomicus comes from the Ancient Greek words oikos for home or house and nemein which means management, [1] literally translated to 'household management'. It is one of the earliest works on economics in its original sense of household management, and a significant source for the social and intellectual history of Classical Athens.

  7. Category:Economics books - Wikipedia

    en.wikipedia.org/wiki/Category:Economics_books

    Download as PDF; Printable version; ... Keynesian theory books (1 C, 4 P) L. Books about labour (2 C, ... Pages in category "Economics books"

  8. General equilibrium theory - Wikipedia

    en.wikipedia.org/wiki/General_equilibrium_theory

    General equilibrium theory contrasts with the theory of partial equilibrium, which analyzes a specific part of an economy while its other factors are held constant. [1] General equilibrium theory both studies economies using the model of equilibrium pricing and seeks to determine in which circumstances the assumptions of general equilibrium ...

  9. Economy - Wikipedia

    en.wikipedia.org/wiki/Economy

    An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services.In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [3]