Modeling Dynamic Economic Systems

By: Matthias Ruth, Bruce Hannon

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Paperback | 9 February 2012 | Edition Number 2

At a Glance

Paperback
346 Pages

Edition Type
Revised

Dimensions(cm)
23.5 x 15.49 x 1.83

Paperback

$109.00

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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.

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