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Introducing Dynamic Analysis Using Malthus's Principle of Population

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  • Mark Pingle

Abstract

Dynamic models are increasingly used in economics, especially in macroeconomics. However, the skills required for constructing and analyzing dynamic models are advanced relative to those required for static models. Consequently, dynamic models are difficult to introduce into courses where the technical skills of students are modest or substantially varied. The author illustrates that, because it is inherently dynamic, Malthus's Principle of Population provides a natural context for introducing dynamic analysis. Moreover, the context is useful for reviewing many mathematical tools and theoretical constructs often used in economics.

Suggested Citation

  • Mark Pingle, 2003. "Introducing Dynamic Analysis Using Malthus's Principle of Population," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(1), pages 3-20, January.
    • Handle: RePEc:taf:jeduce:v:34:y:2003:i:1:p:3-20
    DOI: 10.1080/00220480309595196
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    Cited by:

    1. Lin Ma & Manhua Wu & Xiujuan Tian & Guanheng Zheng & Qinchuan Du & Tian Wu, 2019. "China’s Provincial Vehicle Ownership Forecast and Analysis of the Causes Influencing the Trend," Sustainability, MDPI, vol. 11(14), pages 1-26, July.
    2. José Carlos Ramírez Sánchez, 2012. "Does Malthus's principle of population still have a practical purpose nowadays?," Working Papers DTE 532, CIDE, División de Economía.
    3. Raydonal Ospina & Jaciele Oliveira & Cristiano Ferraz & André Leite & João Gondim, 2023. "Ensemble Algorithms to Improve COVID-19 Growth Curve Estimates," Stats, MDPI, vol. 6(4), pages 1-18, September.

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