An Introduction to Economic Dynamics.

Cover -- Half-title -- Title -- Copyright -- Contents -- Tables and boxes -- Tables -- Boxes -- Preface -- Web site -- Material for the student -- Material for the tutor -- Chapter 1 Introduction -- 1.1 Definitions and concepts -- 1.2 Dynamic models -- 1.3 Deterministic dynamical models -- 1.4 Dynamical systems on a spreadsheet -- 1.5 Experimentation -- 1.5.1 Changing initial conditions -- 1.5.2 Changing the parameter a -- 1.5.3 Changing the parameter b -- 1.6 Difference equations -- 1.7 Attractors and repellors -- 1.8 Nonlinear dynamical systems -- 1.8.1 A change in the initial value -- 1.9 Continuous models -- 1.10 Continuous differential equations on a spreadsheet -- 1.10.1 Solution path on a spreadsheet -- 1.11 Conclusion -- Exercises -- Chapter 2 Demand and supply dynamics -- 2.1 Beyond the textbook -- 2.1.1 Different adjustment speeds -- 2.2 The linear cobweb model -- 2.3 Experimentation -- 2.4 Different expectations -- 2.5 The Goodwin model of expectations -- 2.6 Nonlinear cobwebs -- 2.7 Ceilings and floors -- 2.8 Cobwebs in interrelated markets -- Exercises -- Chapter 3 Simple Keynesian dynamics -- 3.1 The Keynesian-cross diagram -- 3.2 Some simple dynamics -- 3.3 Experimentation: 1 -- 3.4 The dynamic multiplier -- 3.5 A dynamic model with taxes -- 3.6 Experimentation: 2 -- 3.6.1 Stabilising influence of taxes -- 3.7 The multiplier-accelerator model -- 3.8 Introduction of net exports -- 3.9 Experimentation: 3 -- Exercises -- Chapter 4 Constructing trajectories in the phase plane -- 4.1 Trajectories and fixed points -- 4.2 Isoclines and vector forces: continuous models -- 4.3 Constructing continuous trajectories with a spreadsheet -- 4.4 Isoclines and vector forces: discrete models -- 4.5 Constructing discrete trajectories with a spreadsheet -- 4.6 A cautionary note -- 4.7 A variety of trajectories -- 4.8 Limit cycles.