An Introduction to Economic Dynamics

An Introduction to Economic Dynamics PDF Author: Ronald Shone
Publisher: Cambridge University Press
ISBN: 9780521804783
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
This is an examples-driven treatment of introductory economic dynamics for students with a basic familiarity of spreadsheets. Shone approaches the subject with the belief that true understanding of a subject can only be achieved by students themselves setting out a problem and manipulating it experimentally. Although all economics students now have access to spreadsheets, they are often used for little more than graphing economic data. This book encourages students to go several stages further and set up and investigate simple dynamic models. A web-site for students and instructors is included that contains an additional 100 questions for students and 100 for instructors.

An Introduction to Economic Dynamics

An Introduction to Economic Dynamics PDF Author: Ronald Shone
Publisher: Cambridge University Press
ISBN: 9780521804783
Category : Business & Economics
Languages : en
Pages : 240

Get Book

Book Description
This is an examples-driven treatment of introductory economic dynamics for students with a basic familiarity of spreadsheets. Shone approaches the subject with the belief that true understanding of a subject can only be achieved by students themselves setting out a problem and manipulating it experimentally. Although all economics students now have access to spreadsheets, they are often used for little more than graphing economic data. This book encourages students to go several stages further and set up and investigate simple dynamic models. A web-site for students and instructors is included that contains an additional 100 questions for students and 100 for instructors.

Economic Dynamics, second edition

Economic Dynamics, second edition PDF Author: John Stachurski
Publisher: MIT Press
ISBN: 0262544776
Category : Business & Economics
Languages : en
Pages : 395

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Book Description
The second edition of a rigorous and example-driven introduction to topics in economic dynamics that emphasizes techniques for modeling dynamic systems. This text provides an introduction to the modern theory of economic dynamics, with emphasis on mathematical and computational techniques for modeling dynamic systems. Written to be both rigorous and engaging, the book shows how sound understanding of the underlying theory leads to effective algorithms for solving real-world problems. The material makes extensive use of programming examples to illustrate ideas, bringing to life the abstract concepts in the text. Key topics include algorithms and scientific computing, simulation, Markov models, and dynamic programming. Part I introduces fundamentals and part II covers more advanced material. This second edition has been thoroughly updated, drawing on recent research in the field. New for the second edition: “Programming-language agnostic” presentation using pseudocode. New chapter 1 covering conceptual issues concerning Markov chains such as ergodicity and stability. New focus in chapter 2 on algorithms and techniques for program design and high-performance computing. New focus on household problems rather than optimal growth in material on dynamic programming. Solutions to many exercises, code, and other resources available on a supplementary website.

The Dynamics of Socio-Economic Development

The Dynamics of Socio-Economic Development PDF Author: Adam Szirmai
Publisher: Cambridge University Press
ISBN: 1107717566
Category : Business & Economics
Languages : en
Pages : 760

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Book Description
Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in nutrition, health, life expectancy, education, population growth and politics? This modern, non-technical 2005 introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Taking a quantitative and comparative approach to contemporary debates within their broader context, Szirmai examines historical, institutional, demographic, sociological, political and cultural factors. Key chapters focus on economic growth, technological change, industrialisation, agricultural development, and consider social dimensions such as population growth, health and education. Each chapter contains comparative statistics on trends from a sample of twenty-nine developing countries. This rich statistical database allows students to strengthen their understanding of comparative development experiences. Assuming no prior knowledge of economics the book is suited for use in inter-disciplinary development studies programmes as well as economics courses, and will also interest practitioners pursuing careers in developing countries.

Economic Dynamics in Discrete Time

Economic Dynamics in Discrete Time PDF Author: Jianjun Miao
Publisher: MIT Press
ISBN: 0262325608
Category : Business & Economics
Languages : en
Pages : 737

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Book Description
A unified, comprehensive, and up-to-date introduction to the analytical and numerical tools for solving dynamic economic problems. This book offers a unified, comprehensive, and up-to-date treatment of analytical and numerical tools for solving dynamic economic problems. The focus is on introducing recursive methods—an important part of every economist's set of tools—and readers will learn to apply recursive methods to a variety of dynamic economic problems. The book is notable for its combination of theoretical foundations and numerical methods. Each topic is first described in theoretical terms, with explicit definitions and rigorous proofs; numerical methods and computer codes to implement these methods follow. Drawing on the latest research, the book covers such cutting-edge topics as asset price bubbles, recursive utility, robust control, policy analysis in dynamic New Keynesian models with the zero lower bound on interest rates, and Bayesian estimation of dynamic stochastic general equilibrium (DSGE) models. The book first introduces the theory of dynamical systems and numerical methods for solving dynamical systems, and then discusses the theory and applications of dynamic optimization. The book goes on to treat equilibrium analysis, covering a variety of core macroeconomic models, and such additional topics as recursive utility (increasingly used in finance and macroeconomics), dynamic games, and recursive contracts. The book introduces Dynare, a widely used software platform for handling a range of economic models; readers will learn to use Dynare for numerically solving DSGE models and performing Bayesian estimation of DSGE models. Mathematical appendixes present all the necessary mathematical concepts and results. Matlab codes used to solve examples are indexed and downloadable from the book's website. A solutions manual for students is available for sale from the MIT Press; a downloadable instructor's manual is available to qualified instructors.

Economic Dynamics

Economic Dynamics PDF Author: Ronald Shone
Publisher: Cambridge University Press
ISBN: 9780521017039
Category : Business & Economics
Languages : en
Pages : 730

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Book Description
Table of contents

Complex Economic Dynamics

Complex Economic Dynamics PDF Author: Richard H. Day
Publisher:
ISBN: 9780262528603
Category : Ekonomi, Matematiksel
Languages : en
Pages : 0

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Book Description
V. 1. An introduction to dynamical systems and market mechanisms -- v. 2. An introduction to macroeconomics dynamics.

Recursive Methods in Economic Dynamics

Recursive Methods in Economic Dynamics PDF Author: Nancy L. Stokey
Publisher: Harvard University Press
ISBN: 0674735188
Category : Business & Economics
Languages : en
Pages : 607

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Book Description
This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied.

Economic dynamics: an introduction...

Economic dynamics: an introduction... PDF Author: William J. Baumol
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 262

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Book Description


Economic Dynamics

Economic Dynamics PDF Author: William J. Baumol
Publisher:
ISBN:
Category :
Languages : en
Pages : 396

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Book Description


Economic Dynamics

Economic Dynamics PDF Author: John Stachurski
Publisher: MIT Press
ISBN: 0262012774
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
A rigorous and example-driven introduction to topics in economic dynamics, with an emphasis on mathematical and computational techniques for modeling dynamic systems. This text provides an introduction to the modern theory of economic dynamics, with emphasis on mathematical and computational techniques for modeling dynamic systems. Written to be both rigorous and engaging, the book shows how sound understanding of the underlying theory leads to effective algorithms for solving real world problems. The material makes extensive use of programming examples to illustrate ideas. These programs help bring to life the abstract concepts in the text. Background in computing and analysis is offered for readers without programming experience or upper-level mathematics. Topics covered in detail include nonlinear dynamic systems, finite-state Markov chains, stochastic dynamic programming, stochastic stability and computation of equilibria. The models are predominantly nonlinear, and the emphasis is on studying nonlinear systems in their original form, rather than by means of rudimentary approximation methods such as linearization. Much of the material is new to economics and improves on existing techniques. For graduate students and those already working in the field, Economic Dynamics will serve as an essential resource.