In this chapter we shall introduce some basic concepts of dynamics. In order to illustrate these we shall consider just one example. This example is a simple linear model. Why such a linear equation explains what is of interest we shall not consider here. Our main aim is to define and elaborate on dynamic concepts that we shall use throughout this book. Our second aim is to show how such a model can be set up on a spreadsheet and then investigated interactively.
CONTENTS
List of tables and boxes
Preface
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
Index
CONTENTS
List of tables and boxes
Preface
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
Index
Páginas: 237
Peso : 3mb.
Formato : PDF.
Edición : Primera
Año de Publicación :2001
ISBN : 978-0521804783
Editorial : Cambridge
Autor : Ronald Shone
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