Item type | Current location | Call number | Status | Date due | Barcode |
---|---|---|---|---|---|
Books | 330.015195 CHA (Browse shelf) | Available | 034950 |
330.015193 NOW Advances in dynamic games : applications to economics, finance, optimization, and stochastic control | 330.0151936 DIE Applied Regression Analysis: For Business and Economics | 330.015195 AST Applied Econometrics | 330.015195 CHA Problem solving in economics : a quantitative approach | 330.015195 GUJ Econometrics by example | 330.015195 HAL Forward - looking decision making : dynamic programming models applied to health, risk, employment, and financial stability. | 330.015195 INT Econometric models, techniques, and applications |
Includes index.
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.
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