This book contains a concise description of important mathematical methods of dynamics and suitable economic models. It covers discrete as well as continuous-time systems, linear and nonlinear models. Mixing traditional and modern materials, the study covers dynamics with and without optimization, naive and rational expectations, respectively. In addition to standard models of growth and cycles, t...
Hardcover: 318 pages
Publisher: Palgrave Macmillan; 2000 edition (June 5, 2000)
Product Dimensions: 5.5 x 0.9 x 8.5 inches
Format: PDF Text djvu ebook
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One would expect to see a self-contained treatment of methods, but the author merely relies on citing Stokey and Lucas, copying their theorems and results. The treatment of topics is inadequate: it is not rigorous enough to be worth of comparison wit...
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Got it for a class. Found the info useful and allowed for critical thought and analysis....