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Modeling Dynamic Economic Systems (Modeling Dynamic Systems)

Author Matthias Ruth, Bruce Hannon
Publisher Springer
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Book Details
PublisherSpringer
ISBN / ASIN1461422086
ISBN-139781461422082
AvailabilityUsually ships in 1-2 business days
Sales Rank3,969,669
MarketplaceUnited States 🇺🇸

Description

This book explores the dynamic processes in economic systems, concentrating on the extraction and use of the natural resources required to meet economic needs. Sections cover methods for dynamic modeling in economics, microeconomic models of firms, modeling optimal use of both nonrenewable and renewable resources, and chaos in economic models. This book does not require a substantial background in mathematics or computer science.