Economic Dynamics

"This fourth edition of Gandolfo' s masterful book on economic dynamics is the premier source on dynamic mathematical tools for economists, with illustrations from many areas of current economic research. Not only is the book valuable as an encyclopedic reference book for researchers but is an excellent choice for a textbook on economic dynamics. Gandolfo has managed to provide background in even the most advanced areas of nonlinear dynamics in a readable manner avoiding unnecessarily advanced notation. As a result, the book is broadly accessible while including coverage of many of the deepest areas of current research in economic dynamics. A glance through the table of contents is enough to indicate to almost any serious economist that this is a book to buy."

William A. Barnett, Oswald Distinguished Professor of Macroeconomics, Department of Economics, University of Kansas, USA, and Editor, Macroeconomic Dynamics

The premier source on dynamic mathematical tools for economists Softcover edition/ study edition contains answers to all exercises Provides background information which helps make the book broadly accessible Includes coverage of many of the deepest areas of current research in economic dynamics Includes supplementary material: sn.pub/extras

Autorentext
Since 1974 is Professor Giancarlo Gandolfo full professor of International Economics, Faculty of Economics, Sapienza University of Rome. Since 2005 he is member of the scientific committee of University of Rome La Sapienz Press. His main areas of research are international monetary economics, continuous time econometrics, mathematical methods and models of economic dynamics. He is recipient of several research grants by national and international institutions.

Klappentext

"This fourth edition of Gandolfo' s masterful book on economic dynamics is the premier source on dynamic mathematical tools for economists, with illustrations from many areas of current economic research. Not only is the book valuable as an encyclopedic reference book for researchers but is an excellent choice for a textbook on economic dynamics. Gandolfo has managed to provide background in even the most advanced areas of nonlinear dynamics in a readable manner avoiding unnecessarily advanced notation. As a result, the book is broadly accessible while including coverage of many of the deepest areas of current research in economic dynamics. A glance through the table of contents is enough to indicate to almost any serious economist that this is a book to buy."

William A. Barnett, Oswald Distinguished Professor of Macroeconomics, Department of Economics, University of Kansas, USA, and Editor, Macroeconomic Dynamics

Zusammenfassung

This fourth edition on economic dynamics is the premier source on dynamic mathematical tools for economists, with illustrations from many areas of current economic research. It presents the most advanced areas of nonlinear dynamics in a readable manner.

Inhalt
LINEAR DIFFERENCE EQUATIONS.- Difference Equations: General Principles.- First-order Difference Equations.- First-order Difference Equations in Economic Models.- Second-order Difference Equations.- Second-order Difference Equations in Economic Models.- Higher-order Difference Equations.- Higher-order Difference Equations in Economic Models.- Simultaneous Systems of Difference Equations.- Simultaneous Difference Systems in Economic Models.- LINEAR DIFFERENTIAL EQUATIONS.- Differential Equations: General Principles.- First-order Differential Equations.- First-order Differential Equations in Economic Models.- Second-order Differential Equations.- Second-order Differential Equations in Economic Models.- Higher-order Differential Equations.- Higher-order Differential Equations in Economic Models.- Simultaneous Systems of Differential Equations.- Differential Equation Systems in Economic Models.- ADVANCED TOPICS.- Comparative Statics and the Correspondence Principle.- Stability of Equilibrium: A General Treatment.- Liapunov#x2019;s Second Method.- to Nonlinear Dynamics.- Bifurcation Theory.- Complex Dynamics.- Mixed Differential-Difference Equations.- Dynamic Optimization.- Saddle Points and Economic Dynamics.