An Introduction to Economic Dynamics

Table of contents

1. Cover
2. Endorsements
3. Half Title
4. Series
5. Title
6. Copyright
7. Dedication
8. Contents
9. Preface
10. Chapter 1 Introduction to Economic Dynamics
    1. 1.1 A short primer on MATLAB®
11. Chapter 2 The Cobweb Model
    1. 2.1 Economic problem
    2. 2.2 Modelling
    3. 2.3 Analysis, simulation and visualisation
       1. 2.3.1 Cobweb plots
    4. 2.4 Concluding remarks, extensions and challenges
12. Chapter 3 Expectation Dynamics in the Cobweb Model
    1. 3.1 Economic problem
    2. 3.2 Modelling
    3. 3.3 Analysis, simulation and visualisation
       1. 3.3.1 Cobweb plots
    4. 3.4 Concluding remarks, extensions and challenges
13. Chapter 4 Keynesian Multiplier Model
    1. 4.1 Economic problem
    2. 4.2 Modelling
    3. 4.3 Analysis, simulation and visualisation
    4. 4.4 Concluding remarks, extensions and challenges
14. Chapter 5 The Is/Lm Model
    1. 5.1 Economic problem
    2. 5.2 Modelling
    3. 5.3 Analysis, simulation and visualisation
    4. 5.4 Remarks, extensions and challenges
15. Chapter 6 Debt, Deficit and Stabilisation Policy
    1. 6.1 Economic problem
    2. 6.2 Modelling
    3. 6.3 Analysis, simulation and visualisation
       1. 6.3.1 Simulation and visualisation
    4. 6.4 Concluding remarks, extensions and challenges
16. Chapter 7 Expectation Dynamics and Hyperinflation
    1. 7.1 Economic problem
    2. 7.2 Modelling
    3. 7.3 Analysis, simulation and visualisation
       1. 7.3.1 The naive expectation model
       2. 7.3.2 The perfect foresight model
       3. 7.3.3 Analysis of the rational expectation model
       4. 7.3.4 Simulation and visualisation
    4. 7.4 Concluding remarks, extensions and challenges
17. Chapter 8 The Dornbusch Exchange Rate Overshooting Model
    1. 8.1 Economic problem
    2. 8.2 Modelling
       1. 8.2.1 Commodity price dynamics
    3. 8.3 Analysis, simulation and visualisation
    4. 8.4 Concluding remarks, extensions and challenges
18. Chapter 9 The Solow-Swan Growth Model
    1. 9.1 Economic problem
    2. 9.2 Modelling
    3. 9.3 Analysis, simulation and visualisation
    4. 9.4 Concluding remarks, extensions and challenges
19. Chapter 10 An Endogenous Growth Model
    1. 10.1 Economic problem
    2. 10.2 Modelling
    3. 10.3 Analysis, simulation and visualisation
       1. 10.3.1 Stability analysis
       2. 10.3.2 Simulation analysis and visualisation
       3. 10.3.3 Discussion
    4. 10.4 Concluding remarks, extensions and challenges
20. Chapter 11 Business Cycles I: Samuelson’S Multiplier-Accelerator Model
    1. 11.1 Modelling
    2. 11.2 Analysis, simulation and visualisation
    3. 11.3 Concluding remarks, extensions and challenges
21. Chapter 12 Business Cycles II: The Real Business Cycle Model
    1. 12.1 Economic problem
    2. 12.2 Modelling
    3. 12.3 Analysis and visualisation
       1. 12.3.1 Solution method
       2. 12.3.2 Equilibrium solution: The optimal path
       3. 12.3.3 Optimal paths under parameter variations
       4. 12.3.4 Optimal paths for stochastic variations in parameters
    4. 12.4 Concluding remarks, extensions and challenges
22. Appendix A Difference and Differential Equations
    1. A.1 First-order linear difference equation
    2. A.2 Second-order linear difference equation
    3. A.3 First-order linear differential equations
    4. A.4 Second-order linear differential equations
    5. A.5 Systems of linear first-order differential equations
23. Appendix B Matlab® Codes
    1. B.1 Chapter 1
    2. B.2 Chapter 2
    3. B.3 Chapter 3
    4. B.4 Chapter 4
    5. B.5 Chapter 5
    6. B.6 Chapter 6
    7. B.7 Chapter 7
    8. B.8 Chapter 8
    9. B.9 Chapter 9
    10. B.10 Chapter 10
    11. B.11 Chapter 11
    12. B.12 Chapter 12
24. Index