Dynamic Economics

Dynamic Economics
By:Gregory C. Chow
Published on 1997-02-13 by Oxford University Press

This work provides a unified and simple treatment of dynamic economics using dynamic optimization as the main theme, and the method of Lagrange multipliers to solve dynamic economic problems. The author presents the optimization framework for dynamic economics in order that readers can understand the approach and use it as they see fit. Instead of using dynamic programming, the author chooses instead to use the method of Lagrange multipliers in the analysis of dynamic optimization because it is easier and more efficient than dynamic programming, and allows readers to understand the substance of dynamic economics better. The author treats a number of topics in economics, including economic growth, macroeconomics, microeconomics, finance and dynamic games. The book also teaches by examples, using concepts to solve simple problems; it then moves to general propositions.

This Book was ranked at 38 by Google Books for keyword economics explained.

Book ID of Dynamic Economics's Books is 9lWjL2QLAkEC, Book which was written byGregory C. Chowhave ETAG "8R5OE4DRrdY"

Book which was published by Oxford University Press since 1997-02-13 have ISBNs, ISBN 13 Code is 9780195356311 and ISBN 10 Code is 0195356314

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Book which have "248 Pages" is Printed at BOOK under CategoryBusiness and Economics

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