GENERAL EQUILIBRIUM AND ECONOMIC EFFICIENCY IN ECONOMY

Salayeva Quvonchoy Rustam qizi

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

How to Cite

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