Elements of Numerical Mathematical Economics with Excel

Elements of Numerical Mathematical Economics with Excel
Author: Giovanni Romeo
Publsiher: Academic Press
Total Pages: 816
Release: 2019-11-28
ISBN 10: 0128176490
ISBN 13: 9780128176498
Language: EN, FR, DE, ES & NL

Elements of Numerical Mathematical Economics with Excel Book Review:

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

Principles of Mathematical Economics II

Principles of Mathematical Economics II
Author: Shapoor Vali
Publsiher: Springer
Total Pages: 290
Release: 2015-02-25
ISBN 10: 9462390886
ISBN 13: 9789462390881
Language: EN, FR, DE, ES & NL

Principles of Mathematical Economics II Book Review:

This manual provides solutions to approximately 500 problems appeared in various chapters of the text Principles of Mathematical Economics. In some cases, a detailed solution with the additional discussion is provided. At the end of each chapter, new sets of exercises are given.

Intermediate Microeconomics with Microsoft Excel

Intermediate Microeconomics with Microsoft Excel
Author: Humberto Barreto
Publsiher: Cambridge University Press
Total Pages: 135
Release: 2009-07-30
ISBN 10: 1139481290
ISBN 13: 9781139481298
Language: EN, FR, DE, ES & NL

Intermediate Microeconomics with Microsoft Excel Book Review:

This unique text uses Microsoft Excel® workbooks to instruct students. In addition to explaining fundamental concepts in microeconomic theory, readers acquire a great deal of sophisticated Excel skills and gain the practical mathematics needed to succeed in advanced courses. In addition to the innovative pedagogical approach, the book features explicitly repeated use of a single central methodology, the economic approach. Students learn how economists think and how to think like an economist. With concrete, numerical examples and novel, engaging applications, interest for readers remains high as live graphs and data respond to manipulation by the user. Finally, clear writing and active learning are features sure to appeal to modern practitioners and their students. The website accompanying the text is found at www.depauw.edu/learn/microexcel.

Elements of Mathematics for Economics and Finance

Elements of Mathematics for Economics and Finance
Author: Vassilis C. Mavron,Timothy N. Phillips
Publsiher: Springer Science & Business Media
Total Pages: 312
Release: 2007-03-06
ISBN 10: 9781846285615
ISBN 13: 1846285615
Language: EN, FR, DE, ES & NL

Elements of Mathematics for Economics and Finance Book Review:

This book equips undergraduates with the mathematical skills required for degree courses in economics, finance, management, and business studies. The fundamental ideas are described in the simplest mathematical terms, highlighting threads of common mathematical theory in the various topics. Coverage helps readers become confident and competent in the use of mathematical tools and techniques that can be applied to a range of problems.

Basic Mathematics for Economists

Basic Mathematics for Economists
Author: Mike Rosser
Publsiher: Routledge
Total Pages: 528
Release: 2003-12-08
ISBN 10: 1134497660
ISBN 13: 9781134497669
Language: EN, FR, DE, ES & NL

Basic Mathematics for Economists Book Review:

Economics students will welcome the new edition of this excellent textbook. Mathematics is an integral part of economics and understanding basic concepts is vital. Many students come into economics courses without having studied mathematics for a number of years. This clearly written book will help to develop quantitative skills in even the least numerate student up to the required level for a general Economics or Business Studies course. This second edition features new sections on subjects such as: matrix algebra part year investment financial mathematics Improved pedagogical features, such as learning objectives and end of chapter questions, along with the use of Microsoft Excel and the overall example-led style of the book means that it will be a sure fire hit with both students and their lecturers.

Computational Economics

Computational Economics
Author: David A. Kendrick,P. Ruben Mercado,Hans M. Amman
Publsiher: Princeton University Press
Total Pages: 456
Release: 2011-10-23
ISBN 10: 1400841348
ISBN 13: 9781400841349
Language: EN, FR, DE, ES & NL

Computational Economics Book Review:

The ability to conceptualize an economic problem verbally, to formulate it as a mathematical model, and then represent the mathematics in software so that the model can be solved on a computer is a crucial skill for economists. Computational Economics contains well-known models--and some brand-new ones--designed to help students move from verbal to mathematical to computational representations in economic modeling. The authors' focus, however, is not just on solving the models, but also on developing the ability to modify them to reflect one's interest and point of view. The result is a book that enables students to be creative in developing models that are relevant to the economic problems of their times. Unlike other computational economics textbooks, this book is organized around economic topics, among them macroeconomics, microeconomics, and finance. The authors employ various software systems--including MATLAB, Mathematica, GAMS, the nonlinear programming solver in Excel, and the database systems in Access--to enable students to use the most advantageous system. The book progresses from relatively simple models to more complex ones, and includes appendices on the ins and outs of running each program. The book is intended for use by advanced undergraduates and professional economists and even, as a first exposure to computational economics, by graduate students. Organized by economic topics Progresses from simple to more complex models Includes instructions on numerous software systems Encourages customization and creativity

Building Mathematical Models in Excel

Building Mathematical Models in Excel
Author: Christopher Teh Boon Sung
Publsiher: Universal-Publishers
Total Pages: 352
Release: 2015-05-18
ISBN 10: 1627340386
ISBN 13: 9781627340380
Language: EN, FR, DE, ES & NL

Building Mathematical Models in Excel Book Review:

This book is for agriculturists, many of whom are either novices or non-computer programmers, about how they can build their mathematical models in Microsoft Excel. Of all modeling platforms, spreadsheets like Excel require the least proficiency in computer programming. This book introduces an Excel add-in called BuildIt (available for free as download) that shields users from having to use Excel's VBA (Visual Basic for Applications) programming language and yet allows agriculturists to build simple to large complex models without having to learn complicated computer programming techniques or to use sophisticated Excel techniques. This book first discusses how BuildIt works and how it is used to build models. Examples range from the simple to progressively more complex mathematical models. Ultimately, readers are taught how to build a generic crop growth model from its five core components: meteorology, canopy photosynthesis, energy balance, soil water, and crop growth development. Ultimately, agriculturists will be able to build their own mathematical models in Excel and concentrate more on the science and mathematics of their modeling work rather than being distracted by the intricacies of computer programming.

Numerical Modeling and Computer Simulation

Numerical Modeling and Computer Simulation
Author: Dragan Cvetković,Gunvant Birajdar
Publsiher: BoD – Books on Demand
Total Pages: 160
Release: 2020-05-06
ISBN 10: 1838811966
ISBN 13: 9781838811969
Language: EN, FR, DE, ES & NL

Numerical Modeling and Computer Simulation Book Review:

Information technologies have changed people’s lives to a great extent, and now it is almost impossible to imagine any activity that does not depend on computers in some way. Since the invention of first computer systems, people have been trying to avail computers in order to solve complex problems in various areas. Traditional methods of calculation have been replaced by computer programs that have the ability to predict the behavior of structures under different loading conditions. There are eight chapters in this book that deal with: optimal control of thermal pollution emitted by power plants, finite difference solution of conjugate heat transfer in double pipe with trapezoidal fins, photovoltaic system integrated into the buildings, possibilities of modeling Petri nets and their extensions, etc.

Excel for Scientists and Engineers

Excel for Scientists and Engineers
Author: E. Joseph Billo
Publsiher: John Wiley & Sons
Total Pages: 480
Release: 2007-04-06
ISBN 10: 0471387347
ISBN 13: 9780471387343
Language: EN, FR, DE, ES & NL

Excel for Scientists and Engineers Book Review:

Learn to fully harness the power of Microsoft Excel(r) to perform scientific and engineering calculations With this text as your guide, you can significantly enhance Microsoft Excel's(r) capabilities to execute the calculations needed to solve a variety of chemical, biochemical, physical, engineering, biological, and medicinal problems. The text begins with two chapters that introduce you to Excel's Visual Basic for Applications (VBA) programming language, which allows you to expand Excel's(r) capabilities, although you can still use the text without learning VBA. Following the author's step-by-step instructions, here are just a few of the calculations you learn to perform: * Use worksheet functions to work with matrices * Find roots of equations and solve systems of simultaneous equations * Solve ordinary differential equations and partial differential equations * Perform linear and non-linear regression * Use random numbers and the Monte Carlo method This text is loaded with examples ranging from very basic to highly sophisticated solutions. More than 100 end-of-chapter problems help you test and put your knowledge to practice solving real-world problems. Answers and explanatory notes for most of the problems are provided in an appendix. The CD-ROM that accompanies this text provides several useful features: * All the spreadsheets, charts, and VBA code needed to perform the examples from the text * Solutions to most of the end-of-chapter problems * An add-in workbook with more than twenty custom functions This text does not require any background in programming, so it is suitable for both undergraduate and graduate courses. Moreover, practitioners in science and engineering will find that this guide saves hours of time by enabling them to perform most of their calculations with one familiar spreadsheet package.

Introduction to the Economics and Mathematics of Financial Markets

Introduction to the Economics and Mathematics of Financial Markets
Author: Jakša Cvitanić,Fernando Zapatero
Publsiher: MIT Press
Total Pages: 494
Release: 2004
ISBN 10: 9780262033206
ISBN 13: 0262033208
Language: EN, FR, DE, ES & NL

Introduction to the Economics and Mathematics of Financial Markets Book Review:

An innovative textbook for use in advanced undergraduate and graduate courses; accessible to students in financial mathematics, financial engineering and economics. Introduction to the Economics and Mathematics of Financial Markets fills the longstanding need for an accessible yet serious textbook treatment of financial economics. The book provides a rigorous overview of the subject, while its flexible presentation makes it suitable for use with different levels of undergraduate and graduate students. Each chapter presents mathematical models of financial problems at three different degrees of sophistication: single-period, multi-period, and continuous-time. The single-period and multi-period models require only basic calculus and an introductory probability/statistics course, while an advanced undergraduate course in probability is helpful in understanding the continuous-time models. In this way, the material is given complete coverage at different levels; the less advanced student can stop before the more sophisticated mathematics and still be able to grasp the general principles of financial economics. The book is divided into three parts. The first part provides an introduction to basic securities and financial market organization, the concept of interest rates, the main mathematical models, and quantitative ways to measure risks and rewards. The second part treats option pricing and hedging; here and throughout the book, the authors emphasize the Martingale or probabilistic approach. Finally, the third part examines equilibrium models--a subject often neglected by other texts in financial mathematics, but included here because of the qualitative insight it offers into the behavior of market participants and pricing.

Economic Dynamics

Economic Dynamics
Author: Ronald Shone
Publsiher: Cambridge University Press
Total Pages: 708
Release: 2002-11-28
ISBN 10: 9780521017039
ISBN 13: 0521017033
Language: EN, FR, DE, ES & NL

Economic Dynamics Book Review:

Table of contents

Game Theory through Examples

Game Theory through Examples
Author: Erich Prisner
Publsiher: American Mathematical Soc.
Total Pages: 287
Release: 2014-12-31
ISBN 10: 1614441154
ISBN 13: 9781614441151
Language: EN, FR, DE, ES & NL

Game Theory through Examples Book Review:

Game Theory through Examples is a thorough introduction to elementary game theory, covering finite games with complete information. The core philosophy underlying this volume is that abstract concepts are best learned when encountered first (and repeatedly) in concrete settings. Thus, the essential ideas of game theory are here presented in the context of actual games, real games much more complex and rich than the typical toy examples. All the fundamental ideas are here: Nash equilibria, backward induction, elementary probability, imperfect information, extensive and normal form, mixed and behavioral strategies. The active-learning, example-driven approach makes the text suitable for a course taught through problem solving. Students will be thoroughly engaged by the extensive classroom exercises, compelling homework problems, and nearly sixty projects in the text. Also available are approximately eighty Java applets and three dozen Excel spreadsheets in which students can play games and organize information in order to acquire a gut feeling to help in the analysis of the games. Mathematical exploration is a deep form of play; that maxim is embodied in this book. Game Theory through Examples is a lively introduction to this appealing theory. Assuming only high school prerequisites makes the volume especially suitable for a liberal arts or general education spirit-of-mathematics course. It could also serve as the active-learning supplement to a more abstract text in an upper-division game theory course.

Automation and Its Macroeconomic Consequences

Automation and Its Macroeconomic Consequences
Author: Klaus Prettner,David E. Bloom
Publsiher: Academic Press
Total Pages: 248
Release: 2020-06-19
ISBN 10: 0128180293
ISBN 13: 9780128180297
Language: EN, FR, DE, ES & NL

Automation and Its Macroeconomic Consequences Book Review:

Automation and Its Macroeconomic Consequences reveals new ways to understand the economic characteristics of our increasing dependence on machines. Illuminating technical and social elements, it describes economic policies that could counteract negative income distribution consequences of automation without hampering the adoption of new technologies. Arguing that modern automation cannot be compared to the Industrial Revolution, it considers consequences of automation such as spatial patterns, urbanization, and regional concerns. In touching upon labor, growth, demographic, and policy, Automation and its Macroeconomic Consequences stands at the intersection of technology and economics, offering a comprehensive portrait illustrated by empirical observations and examples. Introduces formal growth models that include automation and the empirical specifications on which the data-driven results rely Focuses on formal modeling, empirical analysis and derivation of evidence-based policy conclusions Considers consequences of automation, such as spatial patterns, urbanization and regional concerns

Economic Dynamics

Economic Dynamics
Author: John Stachurski
Publsiher: MIT Press
Total Pages: 373
Release: 2009
ISBN 10: 0262012774
ISBN 13: 9780262012775
Language: EN, FR, DE, ES & NL

Economic Dynamics Book Review:

"Topics covered in detail include nonlinear dynamic systems, finite state Markov chains, stochastic dynamic programming, and stochastic stability and computation of equilibria. The models are predominantly nonlinear, and the emphasis is on studying nonlinear systems in their original form, rather than by means of rudimentary approximation methods such as linearization."--Pub. desc.

Schaum s Outline of Probability and Statistics

Schaum s Outline of Probability and Statistics
Author: Murray Spiegel,John Schiller,R. Srinivasan
Publsiher: McGraw Hill Professional
Total Pages: 408
Release: 2000-04-07
ISBN 10: 9780071386531
ISBN 13: 007138653X
Language: EN, FR, DE, ES & NL

Schaum s Outline of Probability and Statistics Book Review:

Selling over 220,000 copies in its first edition, Schaum's Outline of Probability and Statistics has become a vital resource for the more than 977,000 college students who enroll in related probability and statistics courses each year. Its big-picture, calculus-based approach makes it an especially authoriatative reference for engineering and science majors. Now thoroughly update, this second edition includes vital new coverage of order statistics, best critical regions, likelihood ratio tests, and other key topics.

Mathematical Methods for Foreign Exchange

Mathematical Methods for Foreign Exchange
Author: Alexander Lipton
Publsiher: World Scientific
Total Pages: 676
Release: 2001
ISBN 10: 9789810246150
ISBN 13: 9810246153
Language: EN, FR, DE, ES & NL

Mathematical Methods for Foreign Exchange Book Review:

This comprehensive book presents a systematic and practically oriented approach to mathematical modeling in finance, particularly in the foreign exchange context. It describes all the relevant aspects of financial engineering, including derivative pricing, in detail. The book is self-contained, with the necessary mathematical, economic, and trading background carefully explained. In addition to the lucid treatment of the standard material, it describes many original results. The book can be used both as a text for students of financial engineering, and as a basic reference for risk managers, traders, and academics.

Financial Modeling Using Excel and VBA

Financial Modeling Using Excel and VBA
Author: Chandan Sengupta
Publsiher: John Wiley & Sons
Total Pages: 857
Release: 2004-02-26
ISBN 10: 9780471267683
ISBN 13: 0471267686
Language: EN, FR, DE, ES & NL

Financial Modeling Using Excel and VBA Book Review:

"Reviews all the necessary financial theory and concepts, and walks you through a wide range of real-world financial models" - cover.

Economic Growth

Economic Growth
Author: Alfonso Novales,Esther Fernández,Jesús Ruiz
Publsiher: Springer
Total Pages: 558
Release: 2014-07-02
ISBN 10: 3642549500
ISBN 13: 9783642549502
Language: EN, FR, DE, ES & NL

Economic Growth Book Review:

This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook. Analytical discussions are presented in full detail. The book is self contained and it is designed so that the student advances in the theoretical and the computational issues in parallel. EXCEL and Matlab files are provided on an accompanying website (see Preface to the Second Edition) to illustrate theoretical results as well as to simulate the effects of economic policy interventions. The structure of these program files is described in "Numerical exercise"-type of sections, where the output of these programs is also interpreted. The second edition corrects a few typographical errors and improves some notation.

Schaum s Outline of Theory and Problems of Linear Algebra

Schaum s Outline of Theory and Problems of Linear Algebra
Author: Seymour Lipschutz
Publsiher: Unknown
Total Pages: 424
Release: 2001
ISBN 10: 9780071189477
ISBN 13: 0071189475
Language: EN, FR, DE, ES & NL

Schaum s Outline of Theory and Problems of Linear Algebra Book Review:

An Introduction to Programming and Numerical Methods in MATLAB

An Introduction to Programming and Numerical Methods in MATLAB
Author: Steve Otto,James P. Denier
Publsiher: Springer Science & Business Media
Total Pages: 464
Release: 2005-12-06
ISBN 10: 9781846281334
ISBN 13: 1846281334
Language: EN, FR, DE, ES & NL

An Introduction to Programming and Numerical Methods in MATLAB Book Review:

An elementary first course for students in mathematics and engineering Practical in approach: examples of code are provided for students to debug, and tasks – with full solutions – are provided at the end of each chapter Includes a glossary of useful terms, with each term supported by an example of the syntaxes commonly encountered