First published in 1986, this title argues that the successful development of a new microeconomics requires a deeper understanding of methodological individuali

The major methodological task for modern economists has been to establish the testability of models. Too often, however, methodological assumptions can make a m

First published in 1981, this book brings together a collection of essays on microeconomics and development presented at the conference of the Association of Un

The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics