Elements of Numerical Mathematical Economics with Excel

Elements of Numerical Mathematical Economics with Excel PDF Author: Giovanni Romeo
Publisher: Academic Press
ISBN: 0128176490
Category : Business & Economics
Languages : en
Pages : 818

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Book Description
Elements of Numerical Mathematical Economics with Excel: Static and Dynamic Optimization shows readers how to apply static and dynamic optimization theory in an easy and practical manner, without requiring the mastery of specific programming languages that are often difficult and expensive to learn. Featuring user-friendly numerical discrete calculations developed within the Excel worksheets, the book includes key examples and economic applications solved step-by-step and then replicated in Excel. After introducing the fundamental tools of mathematical economics, the book explores the classical static optimization theory of linear and nonlinear programming, applying the core concepts of microeconomics and some portfolio theory. This provides a background for the more challenging worksheet applications of the dynamic optimization theory. The book also covers special complementary topics such as inventory modelling, data analysis for business and economics, and the essential elements of Monte Carlo analysis. Practical and accessible, Elements of Numerical Mathematical Economics with Excel: Static and Dynamic Optimization increases the computing power of economists worldwide. This book is accompanied by a companion website that includes Excel examples presented in the book, exercises, and other supplementary materials that will further assist in understanding this useful framework. - Explains how Excel provides a practical numerical approach to optimization theory and analytics - Increases access to the economic applications of this universally-available, relatively simple software program - Encourages readers to go to the core of theoretical continuous calculations and learn more about optimization processes

Elements of Numerical Mathematical Economics with Excel

Elements of Numerical Mathematical Economics with Excel PDF Author: Giovanni Romeo
Publisher: Academic Press
ISBN: 0128176490
Category : Business & Economics
Languages : en
Pages : 818

Get Book Here

Book Description
Elements of Numerical Mathematical Economics with Excel: Static and Dynamic Optimization shows readers how to apply static and dynamic optimization theory in an easy and practical manner, without requiring the mastery of specific programming languages that are often difficult and expensive to learn. Featuring user-friendly numerical discrete calculations developed within the Excel worksheets, the book includes key examples and economic applications solved step-by-step and then replicated in Excel. After introducing the fundamental tools of mathematical economics, the book explores the classical static optimization theory of linear and nonlinear programming, applying the core concepts of microeconomics and some portfolio theory. This provides a background for the more challenging worksheet applications of the dynamic optimization theory. The book also covers special complementary topics such as inventory modelling, data analysis for business and economics, and the essential elements of Monte Carlo analysis. Practical and accessible, Elements of Numerical Mathematical Economics with Excel: Static and Dynamic Optimization increases the computing power of economists worldwide. This book is accompanied by a companion website that includes Excel examples presented in the book, exercises, and other supplementary materials that will further assist in understanding this useful framework. - Explains how Excel provides a practical numerical approach to optimization theory and analytics - Increases access to the economic applications of this universally-available, relatively simple software program - Encourages readers to go to the core of theoretical continuous calculations and learn more about optimization processes

Mathematical Optimization and Economic Theory

Mathematical Optimization and Economic Theory PDF Author: Michael D. Intriligator
Publisher: SIAM
ISBN: 0898715113
Category : Mathematics
Languages : en
Pages : 515

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Book Description
A classic account of mathematical programming and control techniques and their applications to static and dynamic problems in economics.

Elements of Dynamic Optimization

Elements of Dynamic Optimization PDF Author: Alpha C. Chiang
Publisher:
ISBN: 9781577660965
Category : Economics, Mathematical
Languages : en
Pages : 0

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Book Description
INTRODUCTION 1.

Dynamic Economics

Dynamic Economics PDF Author: Gregory C. Chow
Publisher: Oxford University Press, USA
ISBN: 0195101928
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
This work presents the optimization framework for dynamic economics and treats a number of topics in economics, including growth, macroeconomics, microeconomics, finance and dynamic games. The book also teaches by examples, using concepts to solve simple problems, moving on to general propositions.

Mathematical Methods and Models for Economists

Mathematical Methods and Models for Economists PDF Author: Angel de la Fuente
Publisher: Cambridge University Press
ISBN: 9780521585293
Category : Business & Economics
Languages : en
Pages : 630

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Book Description
A textbook for a first-year PhD course in mathematics for economists and a reference for graduate students in economics.

Optimization in Economic Theory

Optimization in Economic Theory PDF Author: Avinash K. Dixit
Publisher: Oxford University Press, USA
ISBN: 9780198772101
Category : Economics, Mathematical
Languages : en
Pages : 204

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Book Description
Building on a base of simple economic theory and elementary linear algebra and calculus, this broad treatment of static and dynamic optimization methods discusses the importance of shadow prices, and reviews functions defined by solutions of optimization problems. Recently revised and expanded, the second edition will be a valuable resource for upper level undergraduate and graduate students.

Optimization in Economics and Finance

Optimization in Economics and Finance PDF Author: Bruce D. Craven
Publisher: Springer Science & Business Media
ISBN: 0387242805
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
Some recent developments in the mathematics of optimization, including the concepts of invexity and quasimax, have not yet been applied to models of economic growth, and to finance and investment. Their applications to these areas are shown in this book.

Advanced Mathematics for Economists

Advanced Mathematics for Economists PDF Author: Peter J. Lambert
Publisher: Wiley-Blackwell
ISBN: 9780631141389
Category : Business & Economics
Languages : en
Pages : 231

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Book Description


Foundations of Dynamic Economic Analysis

Foundations of Dynamic Economic Analysis PDF Author: Michael R. Caputo
Publisher: Cambridge University Press
ISBN: 1107717639
Category : Business & Economics
Languages : en
Pages : 632

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Book Description
Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theory, i.e., continuous time dynamic economic processes, and to interpret dynamic economic behavior. The style of presentation, with its continual emphasis on the economic interpretation of mathematics and models, distinguishes it from several other excellent texts on the subject. This approach is aided dramatically by introducing the dynamic envelope theorem and the method of comparative dynamics early in the exposition. Accordingly, motivated and economically revealing proofs of the transversality conditions come about by use of the dynamic envelope theorem. Furthermore, such sequencing of the material naturally leads to the development of the primal-dual method of comparative dynamics and dynamic duality theory, two modern approaches used to tease out the empirical content of optimal control models. The stylistic approach ultimately draws attention to the empirical richness of optimal control theory, a feature missing in virtually all other textbooks of this type.

Mathematical Methods in Dynamic Economics

Mathematical Methods in Dynamic Economics PDF Author: A. Simonovits
Publisher: Springer
ISBN: 0230513530
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
This book contains a concise description of important mathematical methods of dynamics and suitable economic models. It covers discrete as well as continuous-time systems, linear and nonlinear models. Mixing traditional and modern materials, the study covers dynamics with and without optimization, naive and rational expectations, respectively. In addition to standard models of growth and cycles, the book also contains original studies on control of a multisector economy and expectations-driven multicohort economy. Numerous examples, problems (with solutions) and figures complete the book.