An Introduction To Economic Dynamics

An examplesdriven treatment of introductory economic dynamics for studentswith a basic familiarity with spreadsheets. Shone approaches the subject withthe belie... » 

An examplesdriven treatment of introductory economic dynamics for studentswith a basic familiarity with spreadsheets. Shone approaches the subject withthe belief that true understanding of a subject can only be achieved bystudents themselves setting out a problem and manipulating it experimentally.Although all economics students now have access to spreadsheets they are oftenused for little more than graphing economic data. This book encourages studentsto go several stages further and set up and investigate simple dynamic models.The book presents the essentials of macro and micro economic dynamicsincluding demand and supply dynamics Keynesian dynamics ISLM Inflationunemployment dynamics of the firm rational expectations and saddle pointsfiscal dynamics and the Maastricht Treaty and Chaos theory. The Book contains50 exercises. The support website contains an additional 100 questions forstudents and 100 for lecturers. Visit www.cambridge.orgresourceseconomics «