Complex Economic Dynamics PDF Download

Author: Richard H. Day
Publisher:
ISBN: 9780262528603
Category : Ekonomi, Matematiksel
Languages : en
Pages : 0

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Book Description
V. 1. An introduction to dynamical systems and market mechanisms -- v. 2. An introduction to macroeconomics dynamics.

Author: Takashi Negishi
Publisher: Springer Science & Business Media
ISBN: 1461516773
Category : Business & Economics
Languages : en
Pages : 542

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Book Description
Economic Theory, Dynamics, and Markets. The collection of essays in honor of Ryuzo Sato, written by his colleagues and students, covers the many fields of economic theory and policy to which he has contributed. The first section pays tribute to his contributions to mathematical economics and economic theory. Ryuzo Sato is known for his work in growth theory and technical progress, and the second section has a number of papers on macroeconomics and dynamics. The third section has a number of papers on financial markets and their functioning in Japan and the United States. The next section examines various aspects of the economics of firms and industry. Ryuzo Sato has been very involved in analyzing the economic and business relations between Japan and the United States, and the last section is devoted to comparative analysis of economic systems.

Author: Joseph L. McCauley
Publisher: Cambridge University Press
ISBN: 1139479571
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
This second edition presents the advances made in finance market analysis since 2005. The book provides a careful introduction to stochastic methods along with approximate ensembles for a single, historic time series. The new edition explains the history leading up to the biggest economic disaster of the 21st century. Empirical evidence for finance market instability under deregulation is given, together with a history of the explosion of the US Dollar worldwide. A model shows how bounds set by a central bank stabilized FX in the gold standard era, illustrating the effect of regulations. The book presents economic and finance theory thoroughly and critically, including rational expectations, cointegration and arch/garch methods, and replaces several of those misconceptions by empirically based ideas. This book will be of interest to finance theorists, traders, economists, physicists and engineers, and leads the reader to the frontier of research in time series analysis.

Author: John Stachurski
Publisher: MIT Press
ISBN: 0262544776
Category : Business & Economics
Languages : en
Pages : 395

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Book Description
The second edition of a rigorous and example-driven introduction to topics in economic dynamics that emphasizes techniques for modeling dynamic systems. This text provides an introduction to the modern theory of economic dynamics, with emphasis on mathematical and computational techniques for modeling dynamic systems. Written to be both rigorous and engaging, the book shows how sound understanding of the underlying theory leads to effective algorithms for solving real-world problems. The material makes extensive use of programming examples to illustrate ideas, bringing to life the abstract concepts in the text. Key topics include algorithms and scientific computing, simulation, Markov models, and dynamic programming. Part I introduces fundamentals and part II covers more advanced material. This second edition has been thoroughly updated, drawing on recent research in the field. New for the second edition: “Programming-language agnostic” presentation using pseudocode. New chapter 1 covering conceptual issues concerning Markov chains such as ergodicity and stability. New focus in chapter 2 on algorithms and techniques for program design and high-performance computing. New focus on household problems rather than optimal growth in material on dynamic programming. Solutions to many exercises, code, and other resources available on a supplementary website.

Author: Anders Borglin
Publisher: Springer Science & Business Media
ISBN: 3662051974
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
The developments of economic theory in the 1950s served to pinpoint important underlying assumptions in the study of market institutions. The conflict between observed institutions and the benchmark interpretation became apparent. This led to the introduction of new equilibrium concepts. The emphasis was on the possibilities to transfer purchasing power over time using spot markets involving assets or money. This advanced textbook focuses on the developments in the theory of incomplete markets and overlapping generations economies where income transfers over time are restricted either by available assets or by the unfeasibility of contracts with unborn generations. It bridges the gap between standard textbooks on microeconomics and more advanced expositions. Contains diagrams, examples and exercises.

Author: Hans Christoph Binswanger
Publisher: Springer Science & Business Media
ISBN: 3642318819
Category : Business & Economics
Languages : en
Pages : 166

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Book Description
This book develops a new theory of the modern economy. Conventional economic theory is (still) based on an essentially static notion of equilibrium. In contrast, this book offers an analysis of the economic process based on a truly dynamic approach. It understands modern economic activity as manifesting itself in a growth spiral. There are two main drivers of the dynamics of this spiral: steady money creation in the banking system, on the one hand; and the continuous inflow of energy and raw materials through the exploitation of natural resources, on the other. Both driving forces are generally neglected by the conventional theory. Understanding their role is absolutely essential for preventing our economy from being more and more exposed to financial and ecological crises. This book offers important insights about the functioning of the modern economy and addresses the specialist as well as the interested lay reader.

Author: Sanford Ikeda
Publisher: Routledge
ISBN: 1134878680
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
Dynamics of the Mixed Economy applies the insights of modern Austrian political economy to examine economic policy in mixed economies. It compares and contrasts standard approaches to the growth of the state (including public choice) with that of modern Austrian political economy; examines in detail the nature and operation of the interventionist process in the context of nationalization, regulation and the welfare state; analyzes conditions that produce instability under laissez-faire capitalism; argues that the interventionist process is a 'spontaneous order'; and offers several 'pattern predictions' regarding the character and behaviour of really existing economies.

Author: Richard Hollis Day
Publisher: MIT Press
ISBN: 9780262041720
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
"The two volumes of Complex Economic Dynamics show that, far from being a passing trend in economic research, complex dynamics belongs at the heart of the subject. Although they can be read independently, the volumes follow a logical sequence. Volume 1 contained nontechnical introductions to the basics of economic change and to the mathematical and theoretical tools used to describe them. Volume 2, which is concerned with macroeconomic dynamics, looks at the economy as a whole. Topics include business cycles, economic growth, economic development, and dynamical economic science and policy. The book concludes with the author's reflections on the implications of complex dynamics for economic theory, quantitative research, and government policy."--Pub. desc.

Author: William A. Barnett
Publisher: Cambridge University Press
ISBN: 9780521471411
Category : Business & Economics
Languages : en
Pages : 426

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Book Description
This 1997 book presents developments in nonlinear economic dynamics along with related research from other fields, including mathematics, statistics, biology, and physics.

Author: Fouad Sabry
Publisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : en
Pages : 460

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Book Description
What is Market Economics In the field of economics, a market is a collection of different systems, institutions, procedures, social interactions, or infrastructures that allow for the exchange of goods and services between different parties. While it is possible for parties to trade goods and services through the use of barter, the majority of markets are made up of sellers who provide their goods or services to purchasers in exchange for monetary compensation. When it comes to the establishment of pricing for products and services, one may say that a market is the process by which these prices are done. It is possible to distribute and distribute resources within a society through the use of markets, which also encourage commerce. Any thing that can be traded can be appraised and valued through the use of markets. It is possible for a market to evolve more or less organically, or it may be established purposely by human activity in order to facilitate the exchange of rights to products and services. Gift economies are typically replaced by markets, which are frequently maintained by the implementation of rules and customs. These rules and customs may include a booth fee, competitive pricing, and a source of items for sale. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Market (economics) Chapter 2: Capitalism Chapter 3: Microeconomics Chapter 4: Neoclassical economics Chapter 5: Perfect competition Chapter 6: Supply and demand Chapter 7: Financial market Chapter 8: Market system Chapter 9: Price Chapter 10: Commodity fetishism Chapter 11: Subjective theory of value Chapter 12: Say's law Chapter 13: Exchange value Chapter 14: Price mechanism Chapter 15: Law of value Chapter 16: Value (economics) Chapter 17: Competition (economics) Chapter 18: Commodity (Marxism) Chapter 19: Commodity market Chapter 20: History of microeconomics Chapter 21: Bond Market (II) Answering the public top questions about market economics. (III) Real world examples for the usage of market economics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Market Economics.