This fourth edition on economic dynamics is the premier source on dynamic mathematical tools for economists, with illustrations from many areas of current economic research. It presents the most advanced areas of nonlinear dynamics in a readable manner.
Study EditionLINEAR DIFFERENCE EQUATIONS.- Difference Equations: General Principles.- First-order Difference Equations.- First-order Difference Equations in Economic Models.- Second-order Difference Equations.- Second-order Difference Equations in Economic Models.- Higher-order Difference Equations.- Higher-order Difference Equations in Economic Models.- Simultaneous Systems of Difference Equations.- Simultaneous Difference Systems in Economic Models.- LINEAR DIFFERENTIAL EQUATIONS.- Differential Equations: General Principles.- First-order Differential Equations.- First-order Differential Equations in Economic Models.- Second-order Differential Equations.- Second-order Differential Equations in Economic Models.- Higher-order Differential Equations.- Higher-order Differential Equations in Economic Models.- Simultaneous Systems of Differential Equations.- Differential Equation Systems in Economic Models.- ADVANCED TOPICS.- Comparative Statics and the Correspondence Principle.- Stability of Equilibrium: A General Treatment.- Liapunov#x2019;s Second Method.- to Nonlinear Dynamics.- Bifurcation Theory.- Complex Dynamics.- Mixed Differential-Difference Equations.- Dynamic Optimization.- Saddle Points and Economic Dynamics.
From the reviews of the fourth edition:
Gandolfos book Economic dynamics is an encyclopedic textbook that can also be useful for researchers. It provides the necessary mathematical background to understand most of the economic models that can be found in the literature. & a useful tool for graduate courses but mainly it is an exceptional reference for economists, applied mathematicians and all those curious researchers wanting to get a perspective of how economy can blĂ