Dynamic Systems of Basic Economic Growth Models

Name: Dynamic Systems of Basic Economic Growth Models
Brand: Springer
SKU: 9789401044516
Price: 105.06 EUR
Availability: InStock

Автор: Bjarne S. Jensen

Език:

Корици: С меки корици

Издател: Springer

Наличност: Външен склад

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This volume presents a mathematical analysis of cumulative processes of economic growth. In continuo...

Информация за книгата

Автор

Bjarne S. Jensen

Език

Английски език

Корици

Книга - С меки корици

Издадена

2013

страници

356

EAN

9789401044516

ISBN

9401044511

Enbook ID

02184527

Издател

Springer

Теглоt

594

Размери

160 x 240 x 21

Пълно описание

This volume presents a mathematical analysis of cumulative processes of economic growth. In continuous time, the fundamentals of economic growth models are expressed by systems of nonlinear differential equations. With homogeneous dynamic systems as the unifying mathematical framework, the long-run stability properties and the phase portraits of the solutions to classical, neoclassical and Keynesian growth models are analyzed. The general structure and the solutions of two-sector growth models are also treated, with special attention given to output composition and factor allocation issues involved in general equilibrium dynamics. Among other results, this work shows that the dynamic structures and the kinematics of prototype growth models are globally robust. §The monograph is divided in two sections: (1) Basic Economic Growth Models -- An Axiomatic Approach; (2) Basic Dynamic Systems. §For scholars in economics and applied mathematics; recommended as a reference book for researchers and as a supplementary graduate textbook in economics and mathematics. A familiarity with calculus, ordinary differential equations, and the basic concepts of linear algebra is assumed. §

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