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Feedback Economics: Economic Modeling with System Dynamics

Feedback Economics: Economic Modeling with System Dynamics

Hardcover

Series: Contemporary Systems Thinking

EconomicsGeneral ComputersPhysics

ISBN10: 3030671895
ISBN13: 9783030671891
Publisher: Springer Nature
Published: Jul 1 2021
Pages: 593
Weight: 2.29
Height: 1.31 Width: 6.14 Depth: 9.21
Language: English
This book approaches economic problems from a systems thinking and feedback perspective. By introducing system dynamics methods (including qualitative and quantitative techniques) and computer simulation models, the respective contributions apply feedback analysis and dynamic simulation modeling to important local, national, and global economics issues and concerns. Topics covered include: an introduction to macro modeling using a system dynamics framework; a system dynamics translation of the Phillips machine; a re-examination of classical economic theories from a feedback perspective; analyses of important social, ecological, and resource issues; the development of a biophysical economics module for global modelling; contributions to monetary and financial economics; analyses of macroeconomic growth, income distribution and alternative theories of well-being; and a re-examination of scenario macro modeling.

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Economics