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TITLE: MICROECONOMIC THEORY AND COMPUTATION: APPLYING THE
MAXIMA OPEN-SOURCE COMPUTER ALGEBRA SYSTEM
PUBLISHER: SPRINGER LANGUAGE: ENGLISH
LINK: http://is.gd/xDtQHM RELEASE TYPE: RETAIL
FORMAT: PDF RELEASE DATE: 2014.03.14
ISBN: 9781461494171 STORE DATE: 2013
SAVED.MONEY: 108 EURO DISKCOUNT: 01 x 05MB
AUTHOR: HAMMOCK, MICHAEL R., MIXON, J. WILSON
BOOK
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