Cover
Endorsements
Half Title
Series
Title
Copyright
Dedication
Contents
Preface
Chapter 1 Introduction to Economic Dynamics
1.1 A short primer on MATLABยฎ
Chapter 2 The Cobweb Model
2.1 Economic problem
2.2 Modelling
2.3 Analysis, simulation and visualisation
2.3.1 Cobweb plots
2.4 Concluding remarks, extensions and challenges
Chapter 3 Expectation Dynamics in the Cobweb Model
3.1 Economic problem
3.2 Modelling
3.3 Analysis, simulation and visualisation
3.3.1 Cobweb plots
3.4 Concluding remarks, extensions and challenges
Chapter 4 Keynesian Multiplier Model
4.1 Economic problem
4.2 Modelling
4.3 Analysis, simulation and visualisation
4.4 Concluding remarks, extensions and challenges
Chapter 5 The Is/Lm Model
5.1 Economic problem
5.2 Modelling
5.3 Analysis, simulation and visualisation
5.4 Remarks, extensions and challenges
Chapter 6 Debt, Deficit and Stabilisation Policy
6.1 Economic problem
6.2 Modelling
6.3 Analysis, simulation and visualisation
6.3.1 Simulation and visualisation
6.4 Concluding remarks, extensions and challenges
Chapter 7 Expectation Dynamics and Hyperinflation
7.1 Economic problem
7.2 Modelling
7.3 Analysis, simulation and visualisation
7.3.1 The naive expectation model
7.3.2 The perfect foresight model
7.3.3 Analysis of the rational expectation model
7.3.4 Simulation and visualisation
7.4 Concluding remarks, extensions and challenges
Chapter 8 The Dornbusch Exchange Rate Overshooting Model
8.1 Economic problem
8.2 Modelling
8.2.1 Commodity price dynamics
8.3 Analysis, simulation and visualisation
8.4 Concluding remarks, extensions and challenges
Chapter 9 The Solow-Swan Growth Model
9.1 Economic problem
9.2 Modelling
9.3 Analysis, simulation and visualisation
9.4 Concluding remarks, extensions and challenges
Chapter 10 An Endogenous Growth Model
10.1 Economic problem
10.2 Modelling
10.3 Analysis, simulation and visualisation
10.3.1 Stability analysis
10.3.2 Simulation analysis and visualisation
10.3.3 Discussion
10.4 Concluding remarks, extensions and challenges
Chapter 11 Business Cycles I: SamuelsonโS Multiplier-Accelerator Model
11.1 Modelling
11.2 Analysis, simulation and visualisation
11.3 Concluding remarks, extensions and challenges
Chapter 12 Business Cycles II: The Real Business Cycle Model
12.1 Economic problem
12.2 Modelling
12.3 Analysis and visualisation
12.3.1 Solution method
12.3.2 Equilibrium solution: The optimal path
12.3.3 Optimal paths under parameter variations
12.3.4 Optimal paths for stochastic variations in parameters
12.4 Concluding remarks, extensions and challenges
Appendix A Difference and Differential Equations
A.1 First-order linear difference equation
A.2 Second-order linear difference equation
A.3 First-order linear differential equations
A.4 Second-order linear differential equations
A.5 Systems of linear first-order differential equations
Appendix B Matlabยฎ Codes
B.1 Chapter 1
B.2 Chapter 2
B.3 Chapter 3
B.4 Chapter 4
B.5 Chapter 5
B.6 Chapter 6
B.7 Chapter 7
B.8 Chapter 8
B.9 Chapter 9
B.10 Chapter 10
B.11 Chapter 11
B.12 Chapter 12
Index