Introduction to Dynamic Economic Models

This work is about dynamics - about how the economy adjusts overtime. Its focus is on economic analysis rather than mathematics, so unlike many other books in the filed which treat mathematics as the core and choose economic examples to suit the requirements of the maths, it keeps the focus on the economics, treating mathematics as a tool of economic analysis.;The book is example-driven, built around models drawn from a wide range of fields in economics. The focus of the illustrations is qualitative analysis of the sort found in economic journals, and the structure of the models is dictated by the requirements of the economic analysis.;Unnecessary complexity has been avoided, yet the models have been presented in the same general form as they appear in the professional literature.;When students move from this book to professional literature, they will not find themselves discomforted by unfamiliar notation and presentation. The purpose of the book is to provide an entry to other literature.