Applied General Equilibrium Modelling GLOBE, STAGE and R23 Models

© Scott McDonald & Karen Thierfelder

Microeconomic Notes


Below are links to a set of microeconomic notes. These are not a replacement for a good microeconomics text book, e.g., Gravelle, H. And Rees, R., Microeconomics, 3rd ed (Prentice Hall) or Nicholson, W., Microeconomic Theory: Basic Principles and Extensions, 9th ed (Thompson). However, general equilibrium theory has gone out of favour in all too many microeconomics textbooks, so these notes are provided in case they might prove useful.


Consumer Choice & Demand


Household as Supplier


Price changes and consumer welfare


Technology and Production


General Equilibrium Theory