Bridging the Gap between Economic Modelling and Simulation: A Simple Dynamic Aggregate Demand-Aggregate Supply Model with Matlab

This paper aims to connect the bridge between analytical results and the use of the computer for numerical simulations in economics. We address the analytical properties of a simple dynamic aggregate demand and aggregate supply (AD-AS) model and solve it numerically. The model undergoes a bifurcatio...

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Bibliographic Details
Main Author: José M. Gaspar
Format: Article
Language:English
Published: Hindawi Limited 2018-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2018/3193068