ISSN 2079-6900 (Print) 
ISSN 2587-7496 (Online)

Middle Volga Mathematical Society Journal

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Mathematical model of economic growth \\based on the accumulation of \\human capital with discrete time

Yu. A. Kuznetsov1, E. V. Kruglov2, D. A. Burlakova3

AnnotationThe mathematical model of economic growth taking in account the process of the human capital accumulation and with discrete time is considered. This mathematical model is reduced to the study of three-dimensional dynamical system with discrete time. The conditions of existence of a unique balanced growth path are determined.
Keywordsmodel of economic growth based on human capital, three-dimensional dynamical systems with discrete-time, balanced growth path

1Head of Mathematical Modelling of Economic Processes department, Lobachevcky State University of Nizhny Novgorod, Nizhny Novgorod; Yu-Kuzn@mm.unn.ru.

2Associated Professor of Mathematical Modelling of Economic Processes department, Lobachevcky State University of Nizhny Novgorod, Nizhny Novgorod; kruglov19@mail.ru.

3Postgraduate student, Lobachevcky State University of Nizhny Novgorod, Nizhny Novgorod; groha@yandex.ru.

Citation: Yu. A. Kuznetsov,E. V. Kruglov, D. A. Burlakova , "[Mathematical model of economic growth \\based on the accumulation of \\human capital with discrete time]", Zhurnal Srednevolzhskogo matematicheskogo obshchestva,17:2 (2015) 58–65 (In Russian)