Taken from notes from his 1993 lecture series at Budapest University of Economics, this abridged, English version (translated by the author) covers dynamics with and without optimization. Chapter pairs comprise a mathematical treatment that prepares the ground for the economics chapter that follows, e.g.: a chapter on linear difference equations is followed by a chapter on discrete-time linear models; nonlinear difference equations, then discrete-time nonlinear models; ordinary differential equations / continuous-time models; dynamic programming / applications; optimal control / optimal consumption paths. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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Andr�s Simonovits is Scientific Advisor at the Institute of Economics, Hungarian Academy of Sciences.

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