Unfolding the Eco-Wave: Why Renewal Is Privotal Hardcover

A. V. Ryzhenkov

System dynamics is a method similar to econometrics and mathematical statistics. Normally it is used to provide a rigorous analysis of models in closed systems (a system which is artificially created to simplify certain conditions so that other conditions can be examined in more detail). Here, however, it is used to study capital accumulation, and the economic cycles.

English

Wiley