Economic Dynamics

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Economic Dynamics

By Ronald Shone

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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.

Subject: Business & Economics -> Economics -> Forecasting/Econometrics

Economic Dynamics
Phase Diagrams and their Economic Application
2nd edition
Publisher: Cambridge University Press 11/28/02
Imprint: Cambridge University Press
Language: English

ISBN 10: 0511075227
ISBN 13: 9780511075223
Print ISBN: 9780521017039

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