Mathematical Economics and the Dynamics of Capitalism (Goodwin's Legacy Continued)

ISBN: 9780415762014
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$72.99
SKU:
9780415762014
Availability:
1733.5
Minimum Purchase:
25 units
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Product Details

Author:
Peter Flaschel, Michael Landesmann
Format:
Paperback
Pages:
302
Publisher:
Taylor & Francis (December 2, 2014)
Language:
English
ISBN-13:
9780415762014
Weight:
15.25oz
Dimensions:
6.125" x 9.1875"
File:
TAYLORFRANCIS-TayFran_250228053949775-20250228.xml
Folder:
TAYLORFRANCIS
List Price:
$72.99
Series:
Routledge Frontiers of Political Economy
Case Pack:
55
As low as:
$64.23
Publisher Identifier:
P-CRC
Discount Code:
H
Audience:
College/higher education
Country of Origin:
United States
Pub Discount:
30
Imprint:
Routledge

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Overview

Richard Goodwin was a pioneer in the use of mathematical tools to understand the dynamics of capitalist economies. This book contains contributions which focus on the rigorous extension of Goodwin’s modelling of macro-dynamics and the micro-structures underlying them, and also research with a wider perspective related to Goodwin’s vision of an integrated Marx-Keynes-Schumpeter (M-K-S) system of the dynamics of capitalist economies.

The variety of approaches in this book range from detailed business cycle analyses to Schumpeterian processes of creative destruction. They include

  • thorough theoretical analysis of delayed dynamical systems.
  • empirical studies of Goodwin’s classical growth cycle model and the integration of Keynesian aspects of effective demand and of financial mechanisms that impact the real macro-economy.
  • micro-economic structural analysis.
  • expectations driven aspects of micro-founded business cycle modelling

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