Business & Economics Books:

Economic Dynamics with Memory

Fractional Calculus Approach
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Description

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.

Author Biography:

Vasily E. Tarasov, Valentina V. Tarasova, Lomonosov Moscow State University, Moscow, Russia
Release date NZ
January 18th, 2021
Audience
  • Professional & Vocational
Illustrations
20 Illustrations, black and white; 15 Tables, black and white
Pages
602
ISBN-13
9783110624601
Product ID
34209811

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