Discrete Dynamics in Nature and Society (Jan 2013)
On a System of Difference Equations of an Economic Model
Abstract
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.