Microeconomic Theory and Computation is popular PDF and ePub book, written by Michael R. Hammock in 2013-11-30, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Microeconomic Theory and Computation can be Read Online from any device for your convenience.
Microeconomic Theory and Computation Book PDF Summary
Economists can use computer algebra systems to manipulate symbolic models, derive numerical computations, and analyze empirical relationships among variables. Maxima is an open-source multi-platform computer algebra system that rivals proprietary software. Maxima’s symbolic and computational capabilities enable economists and financial analysts to develop a deeper understanding of models by allowing them to explore the implications of differences in parameter values, providing numerical solutions to problems that would be otherwise intractable, and by providing graphical representations that can guide analysis. This book provides a step-by-step tutorial for using this program to examine the economic relationships that form the core of microeconomics in a way that complements traditional modeling techniques. Readers learn how to phrase the relevant analysis and how symbolic expressions, numerical computations, and graphical representations can be used to learn from microeconomic models. In particular, comparative statics analysis is facilitated. Little has been published on Maxima and its applications in economics and finance, and this volume will appeal to advanced undergraduates, graduate-level students studying microeconomics, academic researchers in economics and finance, economists, and financial analysts.
Detail Book of Microeconomic Theory and Computation PDF
- Author : Michael R. Hammock
- Release : 30 November 2013
- Publisher : Springer Science & Business Media
- ISBN : 9781461494171
- Genre : Business & Economics
- Total Page : 394 pages
- Language : English
- PDF File Size : 12,5 Mb
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