Microeconomic Theory and Computation

Applying the Maxima Open-Source Computer Algebra System

Business & Finance, Economics, Econometrics, Microeconomics
Cover of the book Microeconomic Theory and Computation by Michael R. Hammock, J. Wilson Mixon, Springer New York
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michael R. Hammock, J. Wilson Mixon ISBN: 9781461494171
Publisher: Springer New York Publication: November 30, 2013
Imprint: Springer Language: English
Author: Michael R. Hammock, J. Wilson Mixon
ISBN: 9781461494171
Publisher: Springer New York
Publication: November 30, 2013
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Springer New York

Cover of the book Fundamentals of Queuing Systems by Michael R. Hammock, J. Wilson Mixon
Cover of the book Research Progress in Oligosaccharins by Michael R. Hammock, J. Wilson Mixon
Cover of the book Reviews of Environmental Contamination and Toxicology by Michael R. Hammock, J. Wilson Mixon
Cover of the book Recognition Receptors in Biosensors by Michael R. Hammock, J. Wilson Mixon
Cover of the book Modeling Tumor Vasculature by Michael R. Hammock, J. Wilson Mixon
Cover of the book Crohn's Disease and Ulcerative Colitis by Michael R. Hammock, J. Wilson Mixon
Cover of the book Introduction to Open Core Protocol by Michael R. Hammock, J. Wilson Mixon
Cover of the book Ten Years of Progress in GW/P Body Research by Michael R. Hammock, J. Wilson Mixon
Cover of the book Ethics for Biomedical Engineers by Michael R. Hammock, J. Wilson Mixon
Cover of the book Comprehensive Guide to Education in Anesthesia by Michael R. Hammock, J. Wilson Mixon
Cover of the book Historical Archeology of Tourism in Yellowstone National Park by Michael R. Hammock, J. Wilson Mixon
Cover of the book Handbook of Anthropometry by Michael R. Hammock, J. Wilson Mixon
Cover of the book Residue Reviews by Michael R. Hammock, J. Wilson Mixon
Cover of the book Nanotechnology for Biology and Medicine by Michael R. Hammock, J. Wilson Mixon
Cover of the book Compilation and Synthesis for Embedded Reconfigurable Systems by Michael R. Hammock, J. Wilson Mixon
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy