Computational Techniques for Stability Analysis of a Class of Dynamic Economic Models

摘要: Modern microeconomics and macroeconomics study dynamic phenomena. Dynamics could predict future states of an economy based on its structural characteristics. Dynamic models in discrete time state economic systems may take the form one single linear difference equation or a system equations. In this we use Xcas Mathematica as software tools order to generate results concerning properties solutions equation(s) and, determine whether equilibrium exists. Our computational approach does not require solving makes no assumptions for initial conditions. The provide quantitative information qualitative mathematical rather than their quantifiable ones. relevant output CAS is created way be interpreted without knowledge advanced mathematics. computer codes are fully presented can reproduced they computational-based research practice education.