Problem Solving In Economics: A Quantitative Approach

Problem Solving In Economics: A Quantitative Approach PDF Author: Monojit Chatterji
Publisher: World Scientific
ISBN: 9811273375
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
This book reinforces an understanding of Economics by showing how basic mathematics is used to construct models of the economy. By taking wide-ranging examples drawn for virtually all areas of economics, it shows how model-building is an indispensable aid to understanding economics.The mathematical techniques used in the book are fairly rudimentary — optimisation methods and equation-solving are the primary tools used. A brief explanation of constrained optimisation using Lagrange multipliers is provided. Throughout, the emphasis is on how these techniques are fruitfully deployed in constructing economic models and solving economic problems. It bridges the gap between mathematical analysis and economic logic. For readers, it builds confidence in constructing their own models for purposes of analysis. The book is well-suited for self-study.

Problem Solving In Economics: A Quantitative Approach

Problem Solving In Economics: A Quantitative Approach PDF Author: Monojit Chatterji
Publisher: World Scientific
ISBN: 9811273375
Category : Business & Economics
Languages : en
Pages : 303

Get Book Here

Book Description
This book reinforces an understanding of Economics by showing how basic mathematics is used to construct models of the economy. By taking wide-ranging examples drawn for virtually all areas of economics, it shows how model-building is an indispensable aid to understanding economics.The mathematical techniques used in the book are fairly rudimentary — optimisation methods and equation-solving are the primary tools used. A brief explanation of constrained optimisation using Lagrange multipliers is provided. Throughout, the emphasis is on how these techniques are fruitfully deployed in constructing economic models and solving economic problems. It bridges the gap between mathematical analysis and economic logic. For readers, it builds confidence in constructing their own models for purposes of analysis. The book is well-suited for self-study.

Quantitative Methods in Economics and Finance

Quantitative Methods in Economics and Finance PDF Author: Tomas Kliestik
Publisher: MDPI
ISBN: 3036505369
Category : Business & Economics
Languages : en
Pages : 164

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Book Description
The purpose of the Special Issue “Quantitative Methods in Economics and Finance” of the journal Risks was to provide a collection of papers that reflect the latest research and problems of pricing complex derivates, simulation pricing, analysis of financial markets, and volatility of exchange rates in the international context. This book can be used as a reference for academicians and researchers who would like to discuss and introduce new developments in the field of quantitative methods in economics and finance and explore applications of quantitative methods in other business areas.

Dynamic Economics

Dynamic Economics PDF Author: Jerome Adda
Publisher: MIT Press
ISBN: 0262547880
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
An integrated approach to the empirical application of dynamic optimization programming models, for students and researchers. This book is an effective, concise text for students and researchers that combines the tools of dynamic programming with numerical techniques and simulation-based econometric methods. Doing so, it bridges the traditional gap between theoretical and empirical research and offers an integrated framework for studying applied problems in macroeconomics and microeconomics. In part I the authors first review the formal theory of dynamic optimization; they then present the numerical tools and econometric techniques necessary to evaluate the theoretical models. In language accessible to a reader with a limited background in econometrics, they explain most of the methods used in applied dynamic research today, from the estimation of probability in a coin flip to a complicated nonlinear stochastic structural model. These econometric techniques provide the final link between the dynamic programming problem and data. Part II is devoted to the application of dynamic programming to specific areas of applied economics, including the study of business cycles, consumption, and investment behavior. In each instance the authors present the specific optimization problem as a dynamic programming problem, characterize the optimal policy functions, estimate the parameters, and use models for policy evaluation. The original contribution of Dynamic Economics: Quantitative Methods and Applications lies in the integrated approach to the empirical application of dynamic optimization programming models. This integration shows that empirical applications actually complement the underlying theory of optimization, while dynamic programming problems provide needed structure for estimation and policy evaluation.

Catalog

Catalog PDF Author: United States Naval Academy
Publisher:
ISBN:
Category : Naval education
Languages : en
Pages : 224

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Book Description


Catalogue

Catalogue PDF Author: United States Naval Academy
Publisher:
ISBN:
Category :
Languages : en
Pages : 220

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Book Description


Mathematical Economics

Mathematical Economics PDF Author: Kelvin Lancaster
Publisher: Courier Corporation
ISBN: 0486145042
Category : Mathematics
Languages : en
Pages : 450

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Book Description
Graduate-level text provides complete and rigorous expositions of economic models analyzed primarily from the point of view of their mathematical properties, followed by relevant mathematical reviews. Part I covers optimizing theory; Parts II and III survey static and dynamic economic models; and Part IV contains the mathematical reviews, which range fromn linear algebra to point-to-set mappings.

Quantitative Methods for Economics and Finance

Quantitative Methods for Economics and Finance PDF Author: J.E. Trinidad-Segovia
Publisher: MDPI
ISBN: 3036501967
Category : Business & Economics
Languages : en
Pages : 418

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Book Description
This book is a collection of papers for the Special Issue “Quantitative Methods for Economics and Finance” of the journal Mathematics. This Special Issue reflects on the latest developments in different fields of economics and finance where mathematics plays a significant role. The book gathers 19 papers on topics such as volatility clusters and volatility dynamic, forecasting, stocks, indexes, cryptocurrencies and commodities, trade agreements, the relationship between volume and price, trading strategies, efficiency, regression, utility models, fraud prediction, or intertemporal choice.

Resource Economics

Resource Economics PDF Author: John C. Bergstrom
Publisher: Edward Elgar Publishing
ISBN: 1784717932
Category : Business & Economics
Languages : en
Pages : 481

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Book Description
Resource Economics engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The fourth edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of new energy technologies on scarcity and climate change mitigation and adaptation, while preserving and systematically updating the approach and key features that drew many thousands of readers to the first three editions.

Economics of Grids, Clouds, Systems, and Services

Economics of Grids, Clouds, Systems, and Services PDF Author: Jörn Altmann
Publisher: Springer
ISBN: 3319146092
Category : Computers
Languages : en
Pages : 234

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Book Description
This book constitutes the refereed proceedings of the 11th International Conference on Economics of Grids, Clouds, Systems, and Services, GECON 2014, held in Cardiff, UK, in September 2014. The 8 revised full papers and 7 paper-in-progress presented were carefully reviewed and selected from 24 submissions. The presentation sessions that have been set up are: Cloud Adoption, Work in Progress on Market Dynamics, Cost Optimization, Work in Progress on Pricing, Contracts and Service Selection and Economic Aspects of Quality of Service.

Some Quantitative Methods and Models in Economic Theory

Some Quantitative Methods and Models in Economic Theory PDF Author: Alexander V. Prasolov
Publisher:
ISBN: 9781634849678
Category : Econometric models
Languages : en
Pages :

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Book Description
Introduction -- Linear dynamic models -- Lotka-Volterra's models in economics -- Various dynamic models