Description
Dynamic Economic Analysis
Deterministic Models in Discrete Time
Author: Sorger Gerhard
Concise yet rigorous, this textbook provides a clear and systematic introduction to the theory and application of dynamic economic models.
Language: EnglishSubject for Dynamic Economic Analysis:
Approximative price 41.42 €
In Print (Delivery period: 14 days).
Add to cart the book of Sorger Gerhard
Publication date: 02-2015
304 p. · 18.8x24.4 cm · Paperback
304 p. · 18.8x24.4 cm · Paperback
Description
/li>Contents
/li>Biography
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Focusing on deterministic models in discrete time, this concise yet rigorous textbook provides a clear and systematic introduction to the theory and application of dynamic economic models. It guides students through the most popular model structures and solution concepts, from the simplest dynamic economic models through to complex problems of optimal policy design in dynamic general equilibrium frameworks. Chapters feature theorems and practical hints, and seventy-five worked examples highlight the various methods and results that can be applied in dynamic economic models. Notation and formulation is uniform throughout, so students can easily discern the similarities and differences between various model classes. Chapters include more than sixty exercises for students to self-test their analytical skills, and password-protected solutions are available for instructors on the companion website. Assuming no prior knowledge of dynamic economic analysis or dynamic optimization, this textbook is ideal for advanced students in economics.
Preface; Part I. Difference Equations: 1. Basic concepts; 2. Linear difference equations; 3. Autonomous difference equations; 4. One-dimensional maps; Part II. Dynamic Optimization: 5. Optimization techniques; 6. Dynamic inconsistency and commitment; 7. Dynamic games; 8. Dynamic competitive equilibrium; References; Index.
Gerhard Sorger is Professor of Economics at the University of Vienna, Austria where he teaches primarily in the areas of macroeconomics, mathematical economics, and dynamic economic analysis.
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