Complex Economic Dynamics: An introduction to macroeconomic dynamics

Released on by Richard Hollis Day
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  • Complex Economic Dynamics: An introduction to macroeconomic dynamics Book Detail

  • Author : Richard Hollis Day
  • Release Date : 1994
  • Publisher : MIT Press
  • Genre : Business & Economics
  • Pages : 436
  • ISBN 13 : 9780262041720
  • File Size : 4,4 MB
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Complex Economic Dynamics: An introduction to macroeconomic dynamics by Richard Hollis Day PDF Summary

Book Description: "The two volumes of Complex Economic Dynamics show that, far from being a passing trend in economic research, complex dynamics belongs at the heart of the subject. Although they can be read independently, the volumes follow a logical sequence. Volume 1 contained nontechnical introductions to the basics of economic change and to the mathematical and theoretical tools used to describe them. Volume 2, which is concerned with macroeconomic dynamics, looks at the economy as a whole. Topics include business cycles, economic growth, economic development, and dynamical economic science and policy. The book concludes with the author's reflections on the implications of complex dynamics for economic theory, quantitative research, and government policy."--Pub. desc.

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Economic relations are considered as commodity-financial exchange process. Economic network is consisted of two parallel networks: commodity-production network