aggregate excess demand function

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• Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… …   Wikipedia

• Aggregate demand — This article is about a concept in macroeconomics. For microeconomic demand aggregated over consumers, see Demand curve. In macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy (Y) at a given time… …   Wikipedia

• Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is …   Wikipedia

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• Sonnenschein–Mantel–Debreu theorem — The Sonnenschein–Mantel–Debreu theorem (named after Gérard Debreu, Rolf Ricardo Mantel, and Hugo Freund Sonnenschein) is a result in general equilibrium economics. It states that the excess demand function for an economy is not restricted by the… …   Wikipedia

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• Sonnenschein-Mantel-Debreu Theorem — The Sonnenschein Mantel Debreu Theorem is a result in General equilibrium economics. It states that the system of excess demand functions pertaining to an economy with sufficiently many agents is in no way restricted by the usual rationality… …   Wikipedia

• Gérard Debreu — Walrasian economics Born July 4, 1921(1921 07 04) Calais …   Wikipedia

• economic stabilizer — Any of the institutions and practices in an economy that serve to reduce fluctuations in the business cycle through offsetting effects on the amounts of income available for spending (disposable income). The progressive income tax, unemployment… …   Universalium

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