Economic growth models (vol.1) /

Shetty, G.L.

Economic growth models (vol.1) / Dr. G.L. Shetty. - 2 volumes ; 24 cm

"The book presents the structure of the model first, and thereafter the equilibrium conditions are analytically characterized. Equilibrium conditions are interpreted in detail, with special emphasis on the role of the transversality condition in guaranteeing the stability of the implied solution. For the benefit of the reader most models have been presented and analyzed in continuous as well as in discreet time frame. In analyzing the growth models, diagrams arid mathematics have been used extensively in the book. The idea that any dynamic model has time series implications that can be put to test with actual data has influenced the conception of this book. A major objective of the text is to encourage students to think of policy issues in terms of macroeconomic models." -- Publisher's description.

Professional


Text in English

9789350320969


Economic conditions.
Economics.

330.9 / .Sh554 2016