This is a different kind of textbook on microeconomic theory. In place of the usual concentration on partial equilibrium analysis and discussion of a standard series of topics, the authors seek to introduce the student, from the start, to the general equilibrium approach to microeconomics in the form of the two-sector model. This model is then applied to a variety of subjects in special fi elds of economic analysis: welfare economics, international trade, public fi nance, and income distribution.
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