Introduction to Economic Dynamics - Modelling, Analysis and Simulation

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.

Sommario

1. Introduction to Economic Dynamics 2. The Cobweb Model 3. Expectation Dynamics in the Cobweb Model 4. Keynesian Multiplier Model 5. The IS/LM Model 6. Debt, Deficit and Stabilization Policy 7. Expectation Dynamics and Hyperinflation 8. The Dornbusch Exchange Rate Overshooting Model 9. The Solow-Swan Growth Model 10. An Endogenous Growth Model 11. Business Cycles I: Samuelson’s Multiplier-Accelerator Model 12. Business Cycles II: The Real Business Cycle Model Appendix A. Difference and Differential Equations Appendix B. Matlab Codes

Info autore

Srinivas Raghavendra is an Associate Professor in Economics at the Azim Premji University, Bangalore, India and with the Department of Economics at the University of Galway in Ireland.
Petri T. Piiroinen is an Associate Professor in Nonlinear Mechanics at Chalmers University of Technology, Göteborg, Sweden.

Riassunto

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.

Dettagli sul prodotto

• Autori: Petri T. Piiroinen, Petri T. (NUI Galway Piiroinen, Srinivas Raghavendra, Srinivas (Nui Galway Raghavendra
• Editore: Taylor & Francis Ltd.
• Lingue: Inglese
• Formato: Copertina rigida
• Pubblicazione: 15.03.2023
• EAN: 9780367341909
• ISBN: 978-0-367-34190-9
• Pagine: 238
• Serie: Routledge Advanced Texts in Economics and Finance
• Categorie: Scienze naturali, medicina, informatica, tecnica > Matematica > Altro; Scienze sociali, diritto, economia > Economia > Altro