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 The Forgotten Cure by Michael R. Hammock, J. Wilson Mixon
Cover of the book Models of Psychopathology by Michael R. Hammock, J. Wilson Mixon
Cover of the book Current Topics in Complement II by Michael R. Hammock, J. Wilson Mixon
Cover of the book Anthocyanins by Michael R. Hammock, J. Wilson Mixon
Cover of the book Cicatricial Alopecia by Michael R. Hammock, J. Wilson Mixon
Cover of the book Fundamentals of Spacecraft Attitude Determination and Control by Michael R. Hammock, J. Wilson Mixon
Cover of the book Critical Issues for the Development of Sustainable E-health Solutions by Michael R. Hammock, J. Wilson Mixon
Cover of the book Manual of Neonatal Respiratory Care by Michael R. Hammock, J. Wilson Mixon
Cover of the book Cosmic Electrodynamics by Michael R. Hammock, J. Wilson Mixon
Cover of the book STOP, THAT and One Hundred Other Sleep Scales by Michael R. Hammock, J. Wilson Mixon
Cover of the book From Hamiltonian Chaos to Complex Systems by Michael R. Hammock, J. Wilson Mixon
Cover of the book The Professional Practice of Environmental Management by Michael R. Hammock, J. Wilson Mixon
Cover of the book Geomorphic Approaches to Integrated Floodplain Management of Lowland Fluvial Systems in North America and Europe by Michael R. Hammock, J. Wilson Mixon
Cover of the book Epigenetic Approaches to Allergy Research by Michael R. Hammock, J. Wilson Mixon
Cover of the book Hot Topics in Neural Membrane Lipidology 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