On a System of Difference Equations of an Economic Model
We study some qualitative properties of the solutions of a system of difference equations, which describes an economic model. The study of the local stability of the equilibrium points is carried out. We give some important results of the invariant and the boundedness of the solutions to the conside...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2013-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2013/405628 |
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| Summary: | We study some qualitative properties of the solutions of a system of difference equations, which describes an economic model. The study of the local stability of the equilibrium points is carried out. We give some important results of the invariant and the boundedness of the solutions to the considered system. The global convergence of the solutions is presented and investigated. |
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| ISSN: | 1026-0226 1607-887X |