Mathematical Methods in Dynamic Economics

Simonovits, A.

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.

Details

Published by: Palgrave Macmillan

Publication Date: 2000-06-05

Format: Hardcover

ISBN-13: 9780333778180

DOI: 10.1057/9780230513532

Dimensions: 216cm x140cm

Pages: 318