Share
An Introduction to Economic Dynamics (Routledge Advanced Texts in Economics and Finance)
Srinivas Raghavendra; Petri T. Piiroinen (Author)
·
Routledge
· Paperback
An Introduction to Economic Dynamics (Routledge Advanced Texts in Economics and Finance) - Srinivas Raghavendra; Petri T. Piiroinen
£ 41.39
£ 45.99
You save: £ 4.60
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Thursday, August 08 and
Monday, August 12.
You will receive it anywhere in United Kingdom between 1 and 3 business days after shipment.
Synopsis "An Introduction to Economic Dynamics (Routledge Advanced Texts in Economics and Finance)"
An Introduction to Economic Dynamics provides a framework for students to appreciate and understand the basic intuition behind economic models and to experiment with those models using simulation techniques in MATLAB(R). This book goes beyond the often-limited scope of other texts on economic models, which have largely focused on elucidating static equilibrium models. Comparative static analysis inhibits students from asking how the equilibrium position is achieved from an initial out-of-equilibrium position and limits their understanding of the dynamics that underlie such analysis. In this textbook, readers are introduced to ten well-established macroeconomic models - including Keynesian multiplier models, Samuelson's multiplier and Solow's growth model - and guided through the dynamical systems behind each model. Every chapter begins with an overview of the economic problem which the model is designed to help solve followed by an explanation of the mathematics of the model. Solutions are provided using simulation and visualisation techniques in MATLAB(R), which are interwoven organically with the analysis and are introduced in a step-by-step fashion to guide the reader along the way. Appendices provide an introduction to MATLAB(R) along with all the necessary codes. The book is ideally suited for courses in economic dynamics, macroeconomic modelling and computational economics, as well as for students of finance, mathematics and engineering who are interested in economic models.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
