Browse / Business & Economics
A Mathematical Treatment of Economic Cooperation and Competition among Nations, with Nigeria, USA, UK, China, and the Middle East Examples 9780444518590

A Mathematical Treatment of Economic Cooperation and Competition among Nations, with Nigeria, USA, UK, China, and the Middle East Examples

ISBN-10: 0444518592
ISBN-13: 9780444518590
AUTHOR:
PUBLISHER: Elsevier Science & Technology Books
Also available at Amazon.com
Note: Not guaranteed to come with supplemental materials (access codes, CDs, DVDs)
Product Description: The book presents a careful mathematical study of Economic Cooperation and Competition among Nations. It appropriates the principles of Supply and Demand and of Rational Expectations to build the dynamic model of the Gross Domestic Products of two groups of nations which are linked up together.



The first group consists of Nigeria, the US, the UK and China. The second group is made up of Egypt, the US, Jordan and Israel. The link connecting the four nations of each group is mirrored in the net export function which is broadened to include trade, debts and the inflow or the outflow of wealth from the competing and cooperating nations. This realistic models of the four interacting GDP''s, a hereditary differential game of pursuit are validated with historical data from International Financial Statistic Year Book. The Mathematical model is then studied for controllability: from a current initial GDPs a better state can be attained using government and private strategies which are carefully identified. We use regression and differential equation methods to test whether the four countries are competing or cooperating. The consequences of competition or cooperation are explored. Cooperation can be realized and the growth of wealth assured because the system is controllable and we can increase the growth of GDP and then increase the coefficient of cooperation. The outcome may be unbounded growth of wealth for all concerned - the triumph of cooperation. With analogous simple examples the book shows that sufficiently cooperating systems grow unbounded and competing ones are either bounded at best, or become extinct in finite time. If competition is small, i.e., limited, or regulated the GDP''s need not be extinct even after a long time. This results are in contrast with popular opinion which advocate competition over cooperation. The detailed policy implication of the cooperation analysis at one time or the other were advocated by Pope John Paul II, President Clinton and President Bush. The mathematical message is clear: the strategy of cooperation is the best way in an Interconnected World: Cooperation triumphs over competition.



The same type of analysis allows the book to argue through modeling that prosperity, internal peace and harmony can flourish in Nigeria among the old three regions and the newer six geopolitical regions. The same is true for the four powerful states in the Middle East.



Thus the author''s refreshing approach is the "scientific" treatment of cooperation and competition models of the gross-domestic product of two groups of nations - Nigeria, the USA, the UK, and China, and the USA, Egypt, Jordan and Israel. Attempts are made to provide "scientific" answers to broad national policies. It allows predictions of growth to be made with some degree of accuracy for up to 4 years. MATLAB and Maple programs in accompanied CD are provided. The author''s individual nations economic models are cited. The dynamics are ordinary and hereditary games of pursuit also cited from the original earlier writings of the author are models of the economic state of each nation - a vector of six things - the gross domestic product (GDP) (y), interest rate R; employment (or unemployment) (L), value of capital stock (k), prices p(t), and therefore inflation and cumulative balance of payment (E). Each economic state is isolated except the impact of export function on aggregate demand.



The main difference between this earlier contributions and this book is the link and its apparent policy implications and consequences.



Key features:



* Study of Cooperation and Competition among Nations with real life examples from the World Bank, the IMF data of Nigeria, the US; the UK, China, Egypt, Jordan and Israel.
* Complete MATLAB or MAPLE program with data output and graphs, and possible realistic prediction of economic growth.
* Including a comprehensive CD presenting each program in an easy and accessible way.
* Realistic Model - comparison of real data and diagram of output. Duplicatable results.
* With the CD and IMF data and generic programs, other groups of nations'' economies can be studied as well as the economy of all UN members as a group.

* Study of Cooperation and Competition among Nations with real life examples from the World Bank, the IMF data of Nigeria, the US; the UK, China, Egypt, Jordan and Israel.
* Complete MATLAB or MAPLE program with data output and graphs, and possible realistic prediction of economic growth.
* Including a comprehensive CD presenting each program in an easy and accessible way.
* Realistic Model - comparison of real data and diagram of output. Duplicatable results.
* With the CD and IMF data and generic programs, other groups of nations'' economies can be studied as well as the economy of all UN members as a group.

Additional Details


PUBLICATION DATE:
PAGES: 358
CATEGORY: Business & Economics, Political Science
Star

21 Day Unconditional Guarantee

any book, any reason

Rent This Book Now:

Price guaranteed for 45:00 longer
Due May 15 $107.62
130 days (due Jul 7) $119.67
85 days (due May 23) $108.90
55 days (due Apr 23) $104.11
Select Your Own Date
--

Buy this book used:

$131.64

List Price: $180.00
Your Savings:
Total Price:
 

REVIEWS for A Mathematical Treatment of Economic Cooperation and Competition among Nations, with Nigeria, USA, UK, China, and the Middle East Examples


Select a star rating

FAQ'S

1. How do textbook rentals work?
It’s simple. Begin by searching for your textbook by ISBN (10 or 13-digit number that can be found on the back cover of each book), title, author or keyword. Next select how long you would like to rent the book then add it to your cart. Repeat for each book you’re looking for. After completing the order we’ll ship them to you and you’ll also receive a prepaid mailer. Return your books in the mailer by your rental due date.
2. Is renting a textbook better than purchasing it?
We offer both! You can buy or rent the book through Campus Book Rentals. It’s up to you to decide which option best meets your educational needs.
3. How do I track my order?
Login to your account here, you’ll see your current rentals listed textbook rentals listed with a yellow box that says “track”. Click the box to view the tracking number. *Not all books will have a tracking number since they may be sent from one of our partners. Tracking numbers will be updated as they become available.
4. How do I return my books?
When you rent textbooks from Campus Book Rentals you’ll receive a prepaid mailer. When it’s nearing your due date you’ll place your books inside the mailer and take it to the nearest USPS drop box or Post Office. If you don’t receive a mailer you can print a return label from your account. Return shipping is prepaid so please use either of the two methods to ensure they arrive at the correct facility.
5. Can I write or highlight in my book?
Of course! Just remember that future students will rent the same book after you, so please be respectful.
6. How much money can renting my books save?
It depends on the book. Generally renting textbooks can save you up to 80% compared to a new textbook.
7. Are Campus Book Rentals’ books the same as my bookstore’s?
Yes! We only ship US edition textbooks, which are the same as your campus bookstore.
8. Do access codes or other supplements come with a textbook rental?
One time use access codes and other supplemental materials are NOT included with rental books and must be purchased separately.
9. What if I don’t return my rental?
If your book rental is not returned by the due date, your credit card will be charged a non-return fee, equal to the replacement value for the book.
10. Can I purchase my book after I rent it?
Certainty! You’re only charged the difference between what you already paid and the value of the book at the time you initially rented. Login to your account and choose to purchase your book and it’ll walk you through the checkout process.

Textbook Rentals

We know that textbook rentals are the best way currently to distribute high quality textbooks, and we want to have you on board! Join over a million students that have saved money by renting! Not only is it better for you, but when you return it that book can go on to help even more students access affordable education. We're confident we offer the best value in rentals, but if you're not a believer you can always return your book for a no questions asked refund within 21 days.

Why Choose Us?

1. Campus Book Rentals pioneered the idea of textbook rentals, making prices significantly cheaper for every student while still maintaining the highest quality. We've been at it since 2007 and the entire industry has had to adapt to keep up.

2. Though keeping prices low has always been the goal, we can boast an excellent support team that has helped thousands of students get the best value for their education. Chat with them at 855-200-0021 or use our chat box.

3. We practice what we preach. We routinely read our own textbooks to further our own education while at work. We know that only with a well-educated team of individuals can we continue to change the industry for the better.

Make A Difference

At Campus Book Rentals our company is guided by a single question, "How are we making education more affordable?" We know that getting a college education is quickly becoming a rite of passage for students and is becoming more important every year. In order to make education more attainable for the 99%, we started renting textbooks so students could avoid high purchase prices and buyback programs. We know it's a better way, and we're going to show everyone how to make a college education affordable again.