Abstract
This paper explores the adjustment process of the perfectly competitive model from the perspective of finance theory and argues that finance theory (in unsophisticated form) is implicitly woven into the model’s adjustment process. Making this explicit allows students of elementary economics and finance to bring the two disciplines together.
Recommended Citation
(2026)
"Perfectly Competitive Model and Finance: Changes in the Value of the Firm During Competitive Adjustment to a Shift of Demand,"
Journal of Economics and Finance Education: Vol. 13:
Iss.
1, Article 3.
Available at:
https://scholarship.rollins.edu/jefe/vol13/iss1/3
