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Modeling Scenario
300
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1-118-SolowEconomicGrowth-ModelingScenario
Students construct and analyze the celebrated Solow-Swan model of economic growth theory. The project is divided into three sequential parts to teach students to understand, develop, and analyze a simple nonlinear model of economic dynamics.
optimization
economics
steady state
growth
Solow-Swan model
capital
production
labor
Golden Rule of Economic Growth
Potential Scenario
142
views
43
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0
comments
2008-Chernyshov-EtAl-The Problem of Modelling of Economic Dynamics in Differential Form
The authors have tried to analyze procedures of the construction of differential equations that are employed for modeling of macroeconomic processes. The results prove to be rather unexpected.
Fredholm integral equation of
Leontief’s model
macroeconomic processes
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