Economic Dynamics

Beschreibung

Treating the mathematical methods used in the economic dynamics, this book shows how they are utilised to build and analyse dynamical models. Accordingly, the focus is on the methods, and every new mathematical technique introduced is followed by its application to select economic models. The mathematical methods coveredc range from elementary linear difference and differential equations and simultaneous systems to the qualitative analysis of non-linear dynamical systems. Stability considerations are stressed throughout, including many advanced topics. Bifurcation and chaos theory are also dealt with. The reader is guided through a step-by-step analysis of each topic, be it a mathematical method or an economic model. The Study Edition also provides the reader with solutions to the numerous exercises
Treating the mathematical methods used in the economic dynamics, this book shows how they are utilised to build and analyse dynamical models. Accordingly, the focus is on the methods, and every new mathematical technique introduced is followed by its application to select economic models. The mathematical methods coveredc range from elementary linear difference and differential equations and simultaneous systems to the qualitative analysis of non-linear dynamical systems. Stability considerations are stressed throughout, including many advanced topics. Bifurcation and chaos theory are also dealt with. The reader is guided through a step-by-step analysis of each topic, be it a mathematical method or an economic model. The Study Edition also provides the reader with solutions to the numerous exercises.
An important topic An essential part of studies in economics Gandolfo and his book enjoy an international reputation in the field
Finally, there is now a new edition of Professor Gandolfo`s acclaimed text on Economic Dynamics. Long out of print, but still in demand, this completely rewritten and updated edition treats all of the mathematical methods used in economic dynamics, from elementary linear difference and differential equations and simultaneous systems to the qualitative analysis of non-linear dynamical systems.

Autor*in

Giancarlo Gandolfo

Themen in »Economic Dynamics«

Difference Equations Differential Equations Dynamical Systems Econometrics Economic Dynamics Nonlinear Dynamics

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