Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical … serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income …

macroeconomics, spanning areas like business-cycle analysis, economic growth theory, distributional economics, monetary and fiscal … theory, complemented by practical applications like the Smolyak algorithm, Gorman aggregation, rare disaster models and …

students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and …5 Five theoretical approaches in behavioral economics -- 5.1 A case study of prospect theory -- 5.2 Human sociality and … and Uncertainty -- 1.1 Introduction -- 1.2 The elements of classical decision theory -- 1.2.1 Preference foundations of …