GENERAL EQUILIBRIUM AND ECONOMIC EFFICIENCY IN ECONOMY

Authors

  • Salayeva Quvonchoy Rustam qizi Tashkent State University of Economics Bachelor’s Degree Student

Keywords:

equilibrium, efficiency, resource allocation, welfare, Pareto efficiency.

Abstract

This article is about terms, general equilibrium and economic efficiency which are fundamental concepts in economics that play a crucial role in shaping the functioning of an economy. These concepts are closely intertwined and are essential for ensuring optimal resource allocation and overall welfare in a market system.

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Published

2024-02-17

Issue

Vol. 2 No. 2 (2024): WOH

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

GENERAL EQUILIBRIUM AND ECONOMIC EFFICIENCY IN ECONOMY. (2024). Web of Humanities: Journal of Social Science and Humanitarian Research, 2(2), 79-82. https://webofjournals.com/index.php/9/article/view/811