Machine generated contents note: pt. 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 -- pt. II Applied economic dynamics -- 8. Demand and supply models -- 9. Dynamic theory of oligopoly -- 10. Closed economy dynamics -- 11. dynamics of inflation and unemployment -- 12. Open economy dynamics: sticky price models -- 13. Open economy dynamics: flexible price models -- 14. Population models -- 15. dynamics of fisheries
Summary
"This is the substantially revised and restructured second edition of Ron Shone's successful undergraduate and graduate 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 nonlinear systems and single equation and systems of equations. It illustrates dynamic systems using Mathematica, Maple and spreadsheets. It provides a thorough introduction to phase diagrams and their economic application and explains the nature of saddle path solutions."--Jacket
Bibliography
Includes bibliographical references (pages 688-695) and indexes
