مجلة العلوم الاقتصادية وعلوم التسيير
Volume 4, Numéro 4, Pages 1-19

The Theory Of Dynamical Systems ,and Its Applications To Economics

Authors : Boualem Bendjilali .

Abstract

This paper is devoted to the theory of dynamical systems and its applications to Economics. First, the paper presents some adjustment economic processes, and studies the question of stability of equilibrium. Second, some economic models will be presented that exhibit bifurcation and chaotic phenomena.

Keywords

Adjustment economic processes, Stability of Equilibrium, Lyapunov function, Hopf bifurcation; Chaos