21 Equations that Shaped the World Economy
Springer International Publishing (Verlag)
978-3-031-76139-3 (ISBN)
- Noch nicht erschienen - erscheint am 27.01.2025
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This accessible and engaging textbook provides an introduction to the equations that have defined economics and shaped the global economy. It not only presents the ideas, concepts, and applications that underpin these equations, but also places them within their broader social and historical contexts. Simple mathematical examples and illustrations of the real-world application of the equations are combined with an overview of the implications to give a complete understanding of the power and importance of each equation.
It will be relevant to economics students wishing to broaden their understanding of mathematics, mathematical economics, applied economics, and the history of economic thought.
Panayotis G. Michaelides is Full Professor at the School of Applied Mathematical and Physical Sciences at NTUA, Greece, and former Research Associate at the London School of Economics (LSE), UK. He is recognised among the top 2% of Economists in the world (ScholarGPS, 2024), and his research is among the most downloaded worldwide on IDEAS-RePEc (2024). A prolific academic, he has authored over 250 papers, including more than 100 in refereed Journals. His research interests lie at the intersection of Economics, Finance and Data Science, with Political Economy.
1. Compound Interest Rate.- 2. The Normal Distribution.- 3. Ordinary Least Squares.- 4. Production Function and TFP.- 5. Profit Rate.- 6. General Equilibrium.- 7. Input Output Analysis.- 8. Break-Even Point.- 9. The Fisher Equation.- 10. Net Present Value.- 11. Income Accounting Identity.- 12. Nash Equilibrium.- 13. CAPM.- 14. Quantity Theory of Money.- 15. Cost Function.- 16. Solow Growth Model.- 17. Philips Curve.- 18. Gravity Equation.- 19. Granger Causality Equation.- 20. Black and Scholes Formula.- 21. Chaos Theory.- 22. Epilogue.- 23. Mathematical Appendix.
| Erscheint lt. Verlag | 27.1.2025 |
|---|---|
| Zusatzinfo | Approx. 250 p. |
| Verlagsort | Cham |
| Sprache | englisch |
| Maße | 148 x 210 mm |
| Themenwelt | Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie |
| Schlagworte | Break Even Point • CAPM • chaos theory • Compound interest rate • Fisher equation • History of economic equations • Input Output Analysis • Macroeconomic identity • Market equilibrium • Mathematical economics • Nash Equilibrium • Net Present Value • Normal distribution • Ordinary Least Squares • Philips curve • Production and cost functions • Profit rate • Quantity theory of money • Solow growth model • Total Factor Productivity |
| ISBN-10 | 3-031-76139-1 / 3031761391 |
| ISBN-13 | 978-3-031-76139-3 / 9783031761393 |
| Zustand | Neuware |
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