Modeling dynamic economic systems: Second edition

Matthias Ruth, Bruce Hannon

Research output: Book/Report/Conference proceedingBook


This book explores the dynamic processes in economic systems, concentrating on the extraction and use of the natural resources required to meet economic needs. Sections cover methods for dynamic modeling in economics, microeconomic models of firms, modeling optimal use of both nonrenewable and renewable resources, and chaos in economic models. This book does not require a substantial background in mathematics or computer science.

Original languageEnglish (US)
PublisherSpringer US
Number of pages326
ISBN (Electronic)9781461422099
ISBN (Print)9781461422082
StatePublished - Jan 1 2012

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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