This book covers systematically and in simple language the physical
foundations of evolution equations, stochastic processes and
generalized Master equations applied on complex economic systems.
Strong emphasis is placed on concepts, methods, and techniques for
modeling, assessment, and solving or estimation of economic problems
in an attempt to understand the large variability of financial
markets, trading and communications networks, barriers to and
acceleration of economic growth as well as the kinetics of product-
and money-flows.

This book covers systematically and in simple language the physical foundations of evolution equations, stochastic processes and generalized Master equations applied on complex economic systems. Strong emphasis is placed on concepts, methods, and techniques for modeling, assessment, and solving or estimation of economic problems in an attempt to understand the large variability of financial markets, trading and communications networks, barriers to and acceleration of economic growth as well as the kinetics of product- and money-flows.

Includes supplementary material: sn.pub/extras

Autorentext

Michael Schulz hält eine Professur für Wirtschaftsinformatik, insb. analytische Informationssysteme an der NORDAKADEMIE - Hochschule der Wirtschaft und ist Leiter des Master-Studiengangs 'Applied Data Science'. Seine Schwerpunkte liegen in der Business Intelligence und der Data Science.

Inhalt
Economy and Complex Systems.- Evolution and Probabilistic Concepts.- Financial Markets.- Economic Systems.- Computer Simulations.- Forecasting.