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Economic Dynamics: Phase Diagrams and their Economic Application

Autor Ronald Shone
en Limba Engleză Paperback – 27 noi 2002
This is the substantially revised and restructured second edition of Ron Shone's successful advanced textbook Economic Dynamics. The book provides detailed coverage of dynamics and phase diagrams, including: quantitative and qualitative dynamic systems, continuous and discrete dynamics, linear and non-linear systems and single equation and systems of equations. It illustrates dynamic systems using Mathematica, Maple V and spreadsheets. It provides a thorough introduction to phase diagrams and their economic application and explains the nature of saddle path solutions. The second edition contains a new chapter on oligopoly and an extended treatment of stability of discrete dynamic systems and the solving of first-order difference equations. Detailed routines on the use of Mathematica and Maple are now contained in the body of the text, which now includes advice on the use of Excel and additional examples and exercises throughout. Supporting website contains solutions manual and learning tools.
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Specificații

ISBN-13: 9780521017039
ISBN-10: 0521017033
Pagini: 724
Ilustrații: 245 figures
Dimensiuni: 176 x 247 x 45 mm
Greutate: 1.1 kg
Ediția:Revizuită
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom

Cuprins

Preface to the second edition; Preface to the first edition; Part I. Dynamic Modelling: 1. Introduction; 2. Continuous dynamic systems; 3. Discrete dynamic systems; 4. Systems of first-order differential equations; 5. Discrete systems of equations; 6. Optimal control theory; 7. Chaos theory; Part II. Applied Economic Dynamics: 8. Demand and supply models; 9. Dynamic theory of oligopoly; 10. Closed economy dynamics; 11. The dynamics of inflation and unemployment; 12. Open economy dynamics: sticky price models; 13. Open economy dynamics: flexible price models; 14. Population models; 15. The dynamics of fisheries; Answers to selected exercises; Bibliography; Author index; Subject index.

Recenzii

"This book is written primarily for undergraduates in economics who have a good grasp of mathematics and computing...the chapters are well chosen and the book is an excellent read." Computing Reviews

Descriere

The substantially revised and restructured 2nd edition of Ron Shone's successful textbook Economic Dynamics.