Economic Dynamics: Phase Diagrams and their Economic Application - Softcover

Shone, Ronald

Softcover

ISBN 10: 0521479738 ISBN 13: 9780521479738

Verlag: Cambridge University Press, 1997

Inhaltsangabe

This book provides a thorough introduction to dynamics, and to phase diagrams and their economic application.

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Críticas

"This book is written primarily for undergraduates in economics who have a good grasp of mathematics and computing. What makes this book distinctive and interesting is the second part, which applies the theory and computation to demand and supply models, closed economy dynamics, inflation and unemployment, sticky and flexible price models, population growth, fisheries, taxation and debt...the chapters are well chosen and the book is an excellent read. It is long, but can be dipped into effectively." J. Slater, Computing Reviews

Reseña del editor

This book provides a thorough introduction to dynamics, and to phase diagrams and their economic application. From the mathematical point of view it covers both quantitative and qualitative dynamic systems; continuous and discrete dynamics; linear and non-linear systems and single equations and systems of equations. It illustrates dynamic systems using Mathematica, Maple V and spreadsheets employing numerous numerical examples. It provides an introduction to phase diagrams and their use in both microeconomics and macroeconomics, explaining the nature of saddle path solutions. Besides standard topics in both microeconomics and macroeconomics, there is an extended treatment of open economy macroeconomics, including overshooting. It also provides an introduction to optimal control theory and chaos theory. Copious exercises are provided along with solutions at the end of each chapter. Online solutions package and instructor's manual available at www.cup.cam.ac.uk/0521479738.

Details zur Ausgabe

• Verlag: Cambridge University Press
• Erscheinungsdatum: 1997
• Sprache: Englisch
• ISBN 10: 0521479738
• ISBN 13: 9780521479738
• Einband: Tapa blanda
• Anzahl der Seiten: 567
• Kontakt zum Hersteller: Nicht verfügbar