Foundations Of Dynamic Economic Analysis

Author : Michael Ralph Caputo
Publisher : Cambridge University Press
ISBN 13 : 9780521603683
Total Pages : 596 pages
Book Rating : 4.84/5 ( download)

DOWNLOAD NOW!

Download or read book Foundations of Dynamic Economic Analysis written by Michael Ralph Caputo and published by Cambridge University Press. This book was released on 2005-01-17 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theory, i.e., continuous time dynamic economic processes, and to interpret dynamic economic behavior. The style of presentation, with its continual emphasis on the economic interpretation of mathematics and models, distinguishes it from several other excellent texts on the subject. This approach is aided dramatically by introducing the dynamic envelope theorem and the method of comparative dynamics early in the exposition. Accordingly, motivated and economically revealing proofs of the transversality conditions come about by use of the dynamic envelope theorem. Furthermore, such sequencing of the material naturally leads to the development of the primal-dual method of comparative dynamics and dynamic duality theory, two modern approaches used to tease out the empirical content of optimal control models. The stylistic approach ultimately draws attention to the empirical richness of optimal control theory, a feature missing in virtually all other textbooks of this type.

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.41/5 ( download)

DOWNLOAD NOW!

Download or read book Betrachtungen eines Laien ueber die Confessionen mit spezieller Ruecksicht auf die augsburgische Confession written by and published by . This book was released on 1873 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Paul Anthony Samuelson
Publisher : Cambridge, Mass. ; London, England : Harvard University Press
ISBN 13 :
Total Pages : 640 pages
Book Rating : 4.52/5 ( download)

DOWNLOAD NOW!

Download or read book Foundations of Economic Analysis written by Paul Anthony Samuelson and published by Cambridge, Mass. ; London, England : Harvard University Press. This book was released on 1983 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent statistical techniques, including nonlinear programming, have been added to a basic survey of equilibrium systems, comparative statistics, consumer behavior theory, and cost and production theory.

Author : Jesús Huerta de Soto
Publisher : Taylor & Francis
ISBN 13 : 041542769X
Total Pages : 372 pages
Book Rating : 4.92/5 ( download)

DOWNLOAD NOW!

Download or read book The Theory of Dynamic Efficiency written by Jesús Huerta de Soto and published by Taylor & Francis. This book was released on 2009 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers a collection of multidisciplinary essays by Jess Huerta de Soto, examining the dynamic processes of social cooperation which characterize the market, with particular emphasis on the role of both entrepreneurship and institutions.

Author : Arvid Aulin
Publisher : Springer Science & Business Media
ISBN 13 : 3642775926
Total Pages : 380 pages
Book Rating : 4.25/5 ( download)

DOWNLOAD NOW!

Download or read book Foundations of Economic Development written by Arvid Aulin and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: DYNAMIC ECONOMICS with increasing returns is extended to cope with economic growth, the business cycles and the irregular swings in the long-term development as different aspects of the same dynamical system, the economic system "as a whole". HUMAN CAPITAL emerges as the seminal concept: economic growth is in this dynamics causally reduced to the growth of human capital and thus to the growth of exact scientific knowledge. An analysis of this knowledge shows that quality education in hard sciences must be a prime target of future economic policies. A CAUSAL STRUCTURE, new in economics, underlies the extended dynamics. To enable students to study and to improve it, a detailled introduction to nonlinear causality is given, emphasizing the points relevant to this causal structure. NATIONAL ACCOUNTING and input-output dynamics are suggested to be extended to include also the production prices and production of human capital and of human time, by using a method of calculation indicated in detail in the book.

Author : Gerhard Sorger
Publisher : Cambridge University Press
ISBN 13 : 1316240843
Total Pages : 453 pages
Book Rating : 4.47/5 ( download)

DOWNLOAD NOW!

Download or read book Dynamic Economic Analysis written by Gerhard Sorger and published by Cambridge University Press. This book was released on 2015-02-12 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : E. Roy Weintraub
Publisher : Cambridge University Press
ISBN 13 : 9780521393461
Total Pages : 198 pages
Book Rating : 4.69/5 ( download)

DOWNLOAD NOW!

Download or read book Stabilizing Dynamics written by E. Roy Weintraub and published by Cambridge University Press. This book was released on 1991-04-26 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is concerned with the ways in which the talk of the 1930s evolved into technical analysis of some mathematical structures. It describes the context for the history of that change and shows how the history of modern economics can be seen as a confluence of several disparate traditions.

Author : Paul Anthony Samuelson
Publisher : New York : Atheneum, c1965, 1979 printing.
ISBN 13 :
Total Pages : 484 pages
Book Rating : 4.76/5 ( download)

DOWNLOAD NOW!

Download or read book Foundations of Economic Analysis written by Paul Anthony Samuelson and published by New York : Atheneum, c1965, 1979 printing.. This book was released on 1965 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : K. Puttaswamaiah
Publisher : Routledge
ISBN 13 : 1351324799
Total Pages : 264 pages
Book Rating : 4.93/5 ( download)

DOWNLOAD NOW!

Download or read book Paul Samuelson and the Foundations of Modern Economics written by K. Puttaswamaiah and published by Routledge. This book was released on 2019-01-22 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul A. Samuelson was the first American Nobel Laureate in economics, and the second overall. He was credited for "the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science." That recognition is now thirty years old and Samuelson remains at work in the cutting edge of the discipline. He is also widely known for a basic textbook that became a landmark learning tool throughout the second half of the twentieth century. This excellent collegial appreciation focuses heavily on Samuelson's Foundations of Economic Analysis. In that work, and a series of brief essays, he has contributed to an integration of statics and dynamics by way of the correspondence principle. He has also combined the multiplier and accelerator mechanisms in a model of economic fluctuations; he has reformed the foundations of consumption theory by his concept of revealed preferences; he has developed or improved several major theorems within international trade; and created theories of maximum efficiency and maximum growth rate. Finally, he has clarified the role of collective goods in resource allocation. In considering the work and life of Samuelson, editor Puttaswamaiah, has assembled a worthy group of brilliant commentators. Among the analytic papers in this volume are "An essay on the Accuracy of Economic Prediction" by L.R. Klein, "Analytical Aspects of Anti-Inflation Policy" by Robert M. Solow, a paper by Vittorangelo Orati on Samuelson's linkage to Schumpeter and Keynes, "Money and Price Theory by Carlo Benetti and Jean Cartelier, and a concluding essay on "The Role of Samuelson's Economics" by Michael Emmett Brady. Most unusual in works of this kind are some strong critical statements, including a pungent examination of vanity as well as creativity in Samuelson's work. What emerges is a clear picture of a special scholar. Scholars and students will welcome it alike-a result that well fits the purpose and character of Samuelson. The festschrift has its origins in several issues of the International Journal of Applied Economics and Econometrics. Professor K. Puttaswamaiah has more than three decades of editing journals in economics. He is a member of the journal; Savings and Development issued at the University of Milan. He is author of Economic Development of Karnataka, Cost-Benefit Analysis, and Nobel Economists: Lives and Contributions.

Author : Michael Carter
Publisher : MIT Press
ISBN 13 : 9780262531924
Total Pages : 678 pages
Book Rating : 4.25/5 ( download)

DOWNLOAD NOW!

Download or read book Foundations of Mathematical Economics written by Michael Carter and published by MIT Press. This book was released on 2001-10-26 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to the mathematical foundations of economics, from basic set theory to fixed point theorems and constrained optimization. Rather than simply offer a collection of problem-solving techniques, the book emphasizes the unifying mathematical principles that underlie economics. Features include an extended presentation of separation theorems and their applications, an account of constraint qualification in constrained optimization, and an introduction to monotone comparative statics. These topics are developed by way of more than 800 exercises. The book is designed to be used as a graduate text, a resource for self-study, and a reference for the professional economist.