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Economic Dynamics with Memory: Fractional Calculus Approach

by Vasily E. Tarasov , Valentina V. Tarasova
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Current price ₹15,003.00
Original price ₹15,313.00
Original price ₹15,313.00
Original price ₹15,313.00
(-2%)
₹15,003.00
Current price ₹15,003.00

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Book cover type: Hardcover
  • ISBN13: 9783110624601
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: de Gruyter
  • Publisher Imprint: de Gruyter
  • Publication Date:
  • Pages: 602
  • Original Price: GBP 125.0
  • Language: English
  • Edition: N/A
  • Item Weight: 1153 grams
  • BISAC Subject(s): Business Mathematics

This book presents the applications of fractional calculus, fractional operators of non-integer orders and fractional differential equations in describing economic dynamics with long memory. Generalizations of basic economic concepts, notions and methods for the economic processes with memory are suggested. New micro and macroeconomic models with continuous time are proposed to describe the fractional economic dynamics with long memory as well.

Vasily E. Tarasov, Valentina V. Tarasova, Lomonosov Moscow State University, Moscow, Russia

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