• Sign In / Register
  • Help
  • Basket0
Complex Economic Dynamics: An Introduction to Dynamical Systems and Market Mechanisms - Complex Economic Dynamics (Hardback)
  • Complex Economic Dynamics: An Introduction to Dynamical Systems and Market Mechanisms - Complex Economic Dynamics (Hardback)
zoom

Complex Economic Dynamics: An Introduction to Dynamical Systems and Market Mechanisms - Complex Economic Dynamics (Hardback)

(author), (foreword)
£10.95
Hardback 333 Pages / Published: 15/06/1994
  • Not available

This product is currently unavailable.

  • This item has been added to your basket
In these two volumes Richard Day shows that, far from being a passing fancy in economic research, complex dynamics emerge naturally at the very heart of the subject.Richard Day was one of the first economists to recognize the importance of complex dynamics, or chaos theory, in economics and to systematically explore whether a mathematical existence of such behavior could be established in standard models of economic theory. In these two volumes he shows that, far from being a passing fancy in economic research, complex dynamics emerge naturally at the very heart of the subject.The three parts of Volume I form a logical sequence, although each can be read and understood apart from the others. Part I provides a nontechnical introduction to the basic facts of economic change and the theoretical ideas that describe them. Part II surveys the mathematical tools used in subsequent chapters. Part III begins the explanation of microeconomic change in competitive markets in formal theoretical terms. Day's analysis is accompanied by numerous illustrations and examples.Volume II is concerned with macroeconomic dynamics and looks at the economy as a whole. Separate parts are devoted to business cycles, economic growth, and economic development, followed by a survey of the history and current state of dynamic economics. The book concludes with the author's reflection on the implications of complex dynamics for economic theory, for quantitative research, and for government policy.

Publisher: MIT Press Ltd
ISBN: 9780262041416
Number of pages: 333
Weight: 590 g
Dimensions: 229 x 155 x 25 mm

You may also be interested in...

The Theory of Moral Sentiments
Added to basket
The Wealth Of Nations
Added to basket
The Wealth of Nations
Added to basket
Capital
Added to basket
£3.99
Paperback
Capitalism and Freedom
Added to basket
The Theory of the Leisure Class
Added to basket
The Essential Keynes
Added to basket
Wealth of Nations
Added to basket
£3.99
Paperback
Capital
Added to basket
£8.99
Paperback
The Worldly Philosophers
Added to basket
Keynes Hayek
Added to basket
£12.99
Paperback
The Wealth of Nations
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.