ENGLISH

Differential equations, bifurcations, and chaos in economics

Book information

Publisher
World Scientific
Year
2005
ISBN
9789812563330, 9812563334
LCC
HB135 .Z536 2005
Open Library ID
OL22710765M
Language
english
Format
PDF
Filesize
18 MB (18429416 bytes)
Series
Series on advances in mathematics for applied sciences 68
Pages
510\510
Time added
2009-08-06 05:14:26

Description

Although the application of differential equations to economics is a vast and vibrant area, the subject has not been systematically studied; it is often treated as a subsidiary part of mathematical economics textbooks. This book aims to fill that void by providing a unique blend of the theory of differential equations and their exciting applications to dynamic economics. Containing not just a comprehensive introduction to the applications of the theory of linear (and linearized) differential equations to economic analysis, the book also studies nonlinear dynamical systems, which have only been widely applied to economic analysis in recent years. It provides comprehensive coverage of the most important concepts and theorems in the theory of differential equations in a way that can be understood by any reader who has a basic knowledge of calculus and linear algebra. In addition to traditional applications of the theory to economic dynamics, the book includes many recent developments in different fields of economics.

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