Author Type

Graduate Student

Date of Award

1972

Document Type

Thesis

Publication Status

Version of Record

Submission Date

October 2026

Thesis/Dissertation Advisor [Chair]

Stronge, William B.

Abstract

This study demonstrates the importance of dynamic economic analysis, the role played by difference equations in such analysis and the properties of systems of difference equations. This is accomplished by proving the significance of dynamics in general and difference equations in particular using the Cobweb model and the "correspondence principle". The properties of systems of linear, first order difference equations are discussed in detail and it is shown that a system of any order can be reduced to first order so that the discussion is completely general. The properties included in this analysis ore the traverse, impact, delayed, cumulative and long run multipliers, and stability of a linear system. A simple Keynesian model of income determination is estimated and simulated by the computer to facilitate observation of these properties.

Extent

95 p.

Comments

College of Business|Thesis (M.A.)--Florida Atlantic University, 1972.|FAU Electronic Theses and Dissertations Collection|College of Business

Identifier

FADT13521

Format

pdf

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