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Mathematical Methods in Dynamic Economics

Mathematical Methods in Dynamic Economics

Hardcover

EconomicsGeneral Mathematics

ISBN10: 0333778189
ISBN13: 9780333778180
Publisher: Springer Nature
Published: Jun 5 2000
Pages: 318
Weight: 1.24
Height: 0.88 Width: 5.50 Depth: 8.50
Language: English
This book contains a concise description of important mathematical methods of dynamics and suitable economic models. It covers discrete as well as continuous-time systems, linear and nonlinear models. Mixing traditional and modern materials, the study covers dynamics with and without optimization, naive and rational expectations, respectively. In addition to standard models of growth and cycles, the book also contains original studies on control of a multisector economy and expectations-driven multicohort economy. Numerous examples, problems (with solutions) and figures complete the book.

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Economics