An Introduction to Economic Dynamics: Modelling, Analysis and Simulation

ISBN-13: 9780367341909 / Angielski / Twarda / 2023 / 264 str.

Ireland) Piiroinen Petri T. (NUI Galway

Opis

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.

Spis treści

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