Free Delivery Over $100
|
|
|||
|
||||
OverviewAn examples-driven treatment of introductory economic dynamics for students with a basic familiarity with spreadsheets. Shone approaches the subject with the belief that true understanding of a subject can only be achieved by students themselves setting out a problem and manipulating it experimentally. Although all economics students now have access to spreadsheets, they are often used for little more than graphing economic data. This book encourages students to go several stages further and set up and investigate simple dynamic models. The book presents the essentials of macro and micro economic dynamics, including: demand and supply dynamics, Keynesian dynamics, IS-LM, Inflation-unemployment, dynamics of the firm, rational expectations and saddle points, fiscal dynamics and the Maastricht Treaty and Chaos theory. The book contains 50 exercises. The support website contains an additional 100 questions for students and 100 for lecturers: www.cambridge.org/resources/economics. Full Product DetailsAuthor: Ronald Shone (University of Stirling)Publisher: Cambridge University Press Imprint: Cambridge University Press (Virtual Publishing) ISBN: 9781139164733ISBN 10: 1139164732 Publication Date: 05 June 2012 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Undefined Publisher's Status: Active Availability: In stock  We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsPreface; 1. Introduction; 2. Demand and supply dynamics; 3. Simple Keynesian dynamics; 4. Constructing trajectories in the phase plane; 5. IS-LM dynamics; 6. Inflation-unemployment dynamics; 7. Dynamics of the firm; 8. Saddles and rational expectations; 9. Fiscal dynamics and the Maastricht Treaty; 10. A little bit of chaos; Brief answers to selected exercises; Further reading.Reviews'An Introduction to Economic Dynamics by Ronald Shone does a nice job of making the basic ideas of dynamic economics available to a wider range of student by using spreadsheets. It proceeds primarily by example, taken from a wide area of economics. This grounding of the methods in real world examples provides a much livelier discussion for students and presents an innovative introduction to the more advanced methods of economic analysis.' Steven Turnovsky, University of Washington 'Shone's book is based on the philosophy of learning by experimentation. This book, together with a web site with additional downloadable material, provides a modern learning environment which makes economic dynamics even more fun both for undergraduate students and their teachers.' Professor Cars Hommes, Center for Nonlinear Dynamics in Economics and Finance (CeNDEF), Department of Economics and Econometrics, University of Amsterdam Author InformationTab Content 6Author Website:Countries AvailableAll regions |
||||
