Download or read book Simplified Mathematical Model of Financial Crisis written by Alexei Krouglov and published by . This book was released on 2013 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: The framework of mathematical dynamics of economic systems is applied to the development of financial crisis. A view is proposed that the severity of financial crises can be explained by means of superposition of the fluctuations on connected markets exhibited in the form of a resonance phenomenon. The practical actions of the central banks are criticized as contradicting to theoretical implications of the model.