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Titlebook: Experimenting with Dynamic Macromodels; Growth and Cycles Pier Carlo Nicola Book 2008 Springer-Verlag Berlin Heidelberg 2008 Cycles.Forschu

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Gravitation Described by the Potentials , ,simplest case to consider in the analysis of macro models, for all types of production functions, is constant returns to scale, i.e. multiplying all inputs by a positive constant, thus keeping the ratios among all inputs unchanged, results in an output multiplied by the same constant.
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Population Dynamics and the Labour Marketted by Ashenfelter et al. Of course, labour is supplied by people, and thus, ceteris paribus, is a function of the number of people in the economy. Hence, it is important to consider the laws governing population dynamics. We consider two alternative laws for the time evolution of a population: steady growth law and logistic growth law.
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Production Functionssimplest case to consider in the analysis of macro models, for all types of production functions, is constant returns to scale, i.e. multiplying all inputs by a positive constant, thus keeping the ratios among all inputs unchanged, results in an output multiplied by the same constant.
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