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The Dynamic Systems of Basic Economic Growth Models (Hardcover, 1994 ed.)
Loot Price: R3,079
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The Dynamic Systems of Basic Economic Growth Models (Hardcover, 1994 ed.)
Series: Mathematics and Its Applications, 302
Expected to ship within 10 - 15 working days
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Two central problems in the pure theory of economic growth are
analysed in this monograph: 1) the dynamic laws governing the
economic growth processes, 2) the kinematic and geometric
properties of the set of solutions to the dynamic systems. With
allegiance to rigor and the emphasis on the theoretical
fundamentals of prototype mathematical growth models, the treatise
is written in the theorem-proof style. To keep the exposition
orderly and as smooth as possible, the economic analysis has been
separated from the purely mathematical issues, and hence the
monograph is organized in two books. Regarding the scope and
content of the two books, an "Introduction and Over view" has been
prepared to offer both motivation and a brief account. The introduc
tion is especially designed to give a recapitulation of the
mathematical theory and results presented in Book II, which are
used as the unifying mathematical framework in the analysis and
exposition of the different economic growth models in Book I.
Economists would probably prefer to go directly to Book I and
proceed by consult ing the mathematical theorems of Book II in
confirming the economic theorems in Book I. Thereby, both the
independence and interdependence of the economic and mathematical
argumentations are respected."
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