Economic Dynamics: Phase Diagrams and Their Economic Application

By Ronald Shone

Book Overview

This is the substantially revised and restructured second edition of Ron Shone's successful advanced textbook Economic Dynamics. The book provides detailed coverage of dynamics and phase diagrams, including: quantitative and qualitative dynamic systems, continuous and discrete dynamics, linear and non-linear systems and single equation and systems of equations. It illustrates dynamic systems using Mathematica, Maple V and spreadsheets. It provides a thorough introduction to phase diagrams and their economic application and explains the nature of saddle path solutions. The second edition contains a new chapter on oligopoly and an extended treatment of stability of discrete dynamic systems and the solving of first-order difference equations. Detailed routines on the use of Mathematica and Maple are now contained in the body of the text, which now includes advice on the use of Excel and additional examples and exercises throughout. Supporting website contains solutions manual and learning tools.

• Format: Paperback
• Language: English
• ISBN: 0521017033
• ISBN13: 9780521017039
• Release Date: January 2003
• Publisher: Cambridge University Press
• Length: 724 Pages
• Weight: 1.40 lbs.
• Dimensions: 1.5" x 6.6" x 9.8"

Customer Reviews

A must have book for applied economics

Ronald Shone provides numerical examples for phase diagrams and quantitative dynamics systems using MS-Excel, Mathematica, and Maple V. Is and excelent book for applied macroeconomic.

A must have book for applied economics

Ronald Shone provides numerical examples for phase diagrams and quantitative dynamics systems using MS-Excel, Mahtematica, and Maple V. Is and excelent book for applied macroeconomic.