Seminár z kvalitatívnej teórie diferenciálnych rovníc

Seminar on Qualitative Theory of Differential Equations

Thursday 7.5.2015 at 14:00 Lecture room M-223

Barbora Volná (Slezská univerzita v Opavě):

Dynamické chování makroekonomických modelů agregátní rovnováhy

On dynamical behaviour of the aggregate macroeconomic equilibrium models

Abstract:

The common subject is the dynamical behaviour of the macroeconomic equilibrium models.

We focused on selected kinds of dynamics in the plane $R^2$, for instance a chaos existence

in a dynamical system generated by the Euler equation branching in the plane $R^2$,

i.e. a special type of differential inclusion in the plane $R^2$.

Then we present an overview of used macroeconomic equilibrium models.

The starting point upon which these models are built is the fundamental macroeconomic model

called the IS-LM model. Thirdly, we describe the dynamical behaviour of these models,

for instance the relaxation oscillations in the original IS-LM model and the chaos existence

in an economy described by a new macroeconomic equilibrium model called the IS-LM/QY-ML model.