Dynamic Economic Analysis Deterministic Models In Discrete Time(1st Edition)

Authors:

Gerhard Sorger

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

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Book details

ISBN: 1107443792, 9781107443792

Book publisher: Cambridge University Press

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Book Price $0 : Gerhard Sorger's 'Dynamic Economic Analysis: Deterministic Models in Discrete Time' is a comprehensive academic work focusing on the mathematical modeling of economic phenomena using deterministic models in discrete time. The book delves into various concepts such as dynamic programming, Markov decision processes, and optimal control theory, making it a crucial resource for advanced economic analysis. Sorger effectively demonstrates the application of these concepts through a structured solution manual that guides readers through problem-solving techniques essential for understanding complex economic dynamics. Although the book does not contain traditional characters or a plot, its narrative explores intricate economic patterns and solutions. Readers will find a meticulously curated table of content facilitating an easy navigation through topics such as convergence criteria, value iteration, and stability analysis. An answer key for selected end-of-chapter exercises is also provided, reinforcing the learning process. The book has been well-received in academic circles for its clarity and depth, though it requires a solid foundation in mathematical economics. Sorger’s precise approach equips scholars with the analytical tools to address various deterministic economic scenarios, making it an invaluable asset for econometric modeling, theoretical research, and policy analysis. Equipped with cheap tips and tricks, the book supports accelerated learning and retention.

Customer Reviews

Trusted feedback from verified buyers

NG
Neil Griffin
5.0
I've read quite a few books on economic models, but 'Dynamic Economic Analysis in Discrete Time' truly stands out. The author carefully balances complexity with clarity, making sophisticated topics accessible even to those not intimately familiar with mathematical economics. The examples are well-constructed and consistently reinforce the theories. A special mention to the chapter on deterministic frameworks that provided fresh insights even for a seasoned reader like myself. Plus, the book arrived promptly and in perfect condition, thanks to swift service. Highly recommended for anyone looking to deepen their understanding of discrete time models!
CD
Clare Doyle
4.0
I'm really impressed with the way this book breaks down complex content into digestible parts. The sections on deterministic models in particular are laid out clearly, providing a deep dive without overwhelming technical jargon. The book would have been perfect if it included more real-world applications, but that's a minor quibble. I purchased it with a discount from my membership, which was an added bonus. Also, it was packaged well and arrived surprisingly quick, which is always a plus in my book!
SS
Stuart Saunders
4.0
This book gives a great overview of deterministic models, and I found it to be a very helpful guide, especially for graduate studies. While some sections are a bit dense, the overall balance of theory with practical insights makes it a worthy read. The examples help to break down the complexities. While I didn't have a discount, the price is reasonable for the value it provides, and the delivery was prompt. Overall, I'm satisfied with the purchase.