ON ARGUMENTATION OF ORIGIN DEFINITIONS IN EQUILIBRIUM PRICE THEORY


Melkumyan V.M.

Origin definitions of neoclassical theory of equilibrium price are under analysis. The author singles out contradictions in proving the "formula" of industry equilibrium in this theory. He also studies industry "equilibrium" and "disequilibrium" definitions in equilibrium price theory as opposed to the same definitions from the position of Marx theory. Keywords: industry equilibrium, industry disequilibrium, equilibrium price, disequilibrium price, demand function, supply function.

Viktor M. Melkumyan, candidate of Economics, associate professor of Moscow City Pedagogic University of NRNU MEPhI.


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