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Macro-Econophysics - New Studies on Economic Networks and Synchronization (Hardcover)
Loot Price: R2,551
Discovery Miles 25 510
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Macro-Econophysics - New Studies on Economic Networks and Synchronization (Hardcover)
Series: Physics of Society: Econophysics and Sociophysics
Expected to ship within 12 - 19 working days
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The concepts of statistical physics and big data play an important
role in the evidence-based analysis and interpretation of
macroeconomic principles. The techniques of complex networks, big
data, and statistical physics are useful to understand theories of
economic systems, and the authors have applied these to understand
the intricacies of complex macroeconomic problems. Recent research
work using tools and techniques of big data, statistical physics,
complex networks, and statistical science is covered, and basic
graph algorithms and statistical measures of complex networks are
described. The application of big data and statistical physics
tools to assess price dynamics, inflation, systemic risks, and
productivity is discussed. Chapter-end summary and numerical
problems are provided to reinforce understanding of concepts.
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