315303 Advanced Reading in Economic Theory (V) (SoSe 2007)

Contents, comment

The course is on the theory of dynamical systems and its application to economic issues.

Content:

1. Mathematical preliminiaries
1.1 Sets and functions
1.2 Vector spaces
1.3 Eigenvalues and eigenspaces

2. Linear dynamical systems
2.1 Stability and complex roots
2.2 Application: Hick's multiplier-accelorator model

3. Nonlinear dynamical systems
3.1 The Grobman Hartman Theorem
3.2 Bifurcations
3.3 The logistic map
3.4 Application: The Diamond model with debt and wealth

4. Complex dynamics
4.1 Period-doubling and routes to chaos
4.2 Invariant measures
4.3 Affine maps with random perturbations

5. Numerical simulations with MACRODYN

Remark: The lecture will be held in english

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Subject assignments

Degree programme/academic programme Validity Variant Subdivision Status Semester LP  
Betriebswirtschaftslehre / Diplom (Enrollment until SoSe 2005) B3a; B5; WP09; WP15 Wahl 4 HS
Economic Behavior and Interaction Models / Promotion    
Economics and Management (BiGSEM) / Promotion   4  
Volkswirtschaftslehre / Diplom (Enrollment until SoSe 2005) V1A; V1B; V5; WP09; WP15 Wahl 4 HS
Wirtschaftswissenschaften / Bachelor (Enrollment until SoSe 2005) Nebenfach Modul W3 Wahl 5. 6. 4 Wahlpflichtmodule: Wirtschaftstheorie HS
Wirtschaftswissenschaften / Bachelor (Enrollment until SoSe 2005) Nebenfach Modul W2; Modul W4; Modul W5; Modul W6; Modul W8 Wahl 5. 6. 4 Wahlpflichtmodule: Makroökonomik; Wirtschaftstheorie HS

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Registered number: 2
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SS2007_315303@ekvv.uni-bielefeld.de
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Last update basic details/teaching staff:
Friday, December 11, 2015 
Last update times:
Thursday, September 26, 2013 
Last update rooms:
Monday, August 13, 2007 
Type(s) / SWS (hours per week per semester)
lecture (V) / 2
Department
Faculty of Business Administration and Economics
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ECTS points
4
(Also refer to the credit information in connection with the subject assignments)
ID
3716988