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1、AnIntroductiontoEconomicDynamicsAnexamples-driventreatmentofintroductoryeconomicdynamicsforstudentswithabasicfamiliaritywithspreadsheets.Shoneapproachesthesubjectwiththebeliefthattrueunderstandingofasubjectcanbeachievedonlybystudentsthemselvessettingoutaproblemandmanipulatingitexperimentally.Althoug
2、halleconomicsstudentsnowhaveaccesstoaspreadsheet,theyoftenuseitforlittlemorethangraphingeconomicdata.Thisbookencouragesstudentstogoseveralstagesfurtherandsetupandinvestigatesimpledynamicmodels.Thebookpresentstheessentialsofmacroeconomicandmicroeconomicdynamics,including:demandandsupplydynamics,Keyne
3、siandynamics,IS-LMdynamics,in¯ation±unemploymentdynamics,dynamicsofthe®rm,rationalexpectationsandsaddle-points,®scaldynamicsandtheMaastrichtTreatyandchaostheory.Thebookcontainsover50exercises,withanadditional100questionscon-tainedonthesupportwebsite.Materialisalsoprovidedforatutor'swebsite.ronaldsho
4、neisSeniorLecturerinEconomicsattheUniversityofStirling.Hehaswrittenninebooksoneconomicscoveringtheareasofmicroeconomics,macroeconomics,internationaleconomicsandeconomicdynamics.ThisPageIntentionallyLeftBlankAnIntroductiontoEconomicDynamicsRonaldShonePUBLISHEDBYCAMBRIDGEUNIVERSITYPRESS(VIRTUALPUBLISH
5、ING)FORANDONBEHALFOFTHEPRESSSYNDICATEOFTHEUNIVERSITYOFCAMBRIDGEThePittBuilding,TrumpingtonStreet,CambridgeCB2IRP40West20thStreet,NewYork,NY10011-4211,USA477WilliamstownRoad,PortMelbourne,VIC3207,Australiahttp://www.cambridge.org©RonaldShone2001Thisedition©RonaldShone2003Firstpublishedinprintedformat
6、2001AcataloguerecordfortheoriginalprintedbookisavailablefromtheBritishLibraryandfromtheLibraryofCongressOriginalISBN052180034XhardbackOriginalISBN0521804787paperbackISBN0511013361virtual(netLibraryEdition)ContentsListoftablesandboxesviiiPrefaceix1Introduction1.1De®nitionsandconcepts11.2Dynamicmodels
7、31.3Deterministicdynamicalmodels51.4Dynamicalsystemsonaspreadsheet61.5Experimentation91.6DiVerenceequations101.7Attractorsandrepellors121.8Nonlineardynamicalsystems141.9Continuousmodels201.10Continuou
