Nonlinear Economic Dynamics
Book Details
Format
Hardback or Cased Book
ISBN-10
1616687886
ISBN-13
9781616687885
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jul 13th, 2011
Print length
310 Pages
Weight
736 grams
Dimensions
26.20 x 18.40 x 2.20 cms
Product Classification:
EconomicsNonlinear science
Ksh 43,000.00
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This book focuses on recent advances made in the field of non-linear dynamic modelling in economics. Mathematically, linearity is a very special kind of relation between variables chosen to the purpose of simplification. Even in physics linear modelling of dynamical systems was a first choice for quite some time, due to convenience in analysis, as exemplified by the acceleration law, the harmonic oscillator, the wave equation, and the like. The methods of analysis were simply developed to the ease of dealing with such systems. These methods are found under the heading of infinitesimal calculus; at early stages dynamical processes were formulated as differential equations in continuous time.
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