Notes on Dynamical Systems in Economics

These notes review the theory of linear differential and difference equations at the first-year graduate economics student level. The mathematical trick of transforming a system into canonical form, which I take to be diagonal, is applied to continuous and discrete time systems and perfect foresight models. Backward and forward-looking solutions are described. Examples and problems give the notes a teach-yourself flavor.

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Year of publication:	1982
Authors:	Backus, David
Institutions:	Economics Department, Queen's University

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005787774