Discrete Dynamical Systems, Bifurcations and Chaos in Economics

by Wei-Bin Zhang

Overview

This book is a unique blend of difference equations theory and its exciting applications to economics. It deals with not only theory of linear (and linearized) difference equations, but also nonlinear dynamical systems which have been widely applied to economic analysis in recent years. It studies most important concepts and theorems in difference equations theory in a way that can be understood by anyone who has basic knowledge of calculus and linear algebra. It contains well-known applications and many recent developments in different fields of economics. The book also simulates many models to illustrate paths of economic dynamics.

Product Details

ISBN-13:	9780444521972
Publisher:	Elsevier Science
Publication date:	03/28/2006
Series:	Mathematics in Science and Engineering , #204
Pages:	460
Product dimensions:	6.00(w) x 9.00(h) x (d)

Table of Contents

1. Difference equations in economics2. Scalar linear difference equations3. One-dimensional dynamical economic systems4. Time-dependent solutions of scalar systems5. Economic bifurcations and chaos6. Higher dimensional difference equations7. Higher dimensional economic dynamics8. Epilogue