Course Content (Syllabus)
Introduction to Mathematics for Economics Dynamics
Linear, first and second-order difference equations.
Nonlinear, first-order difference equations. Phase Diagram and qualitative analysis.
Steady-state equilibrium.The steady-state and convergence.
Cycles and Chaos.
Linear, first and second-order differential equations.
Nonlinear, first-order differential equations. Qualitative analysis.
Simultaneous systems of differential and difference equations.
Economic models, differential equations, difference equations, qualitative analysis, steady-state equilibrium