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Research and Profit Maximization in Finance and Economics (Paperback, New)
Loot Price: R1,232
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Research and Profit Maximization in Finance and Economics (Paperback, New)
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Institutional profit realization has become highly contingent on
research education, investment, and planning; yet, the methodology
of research may not be clear to young researchers or students of
Economics and Management Science. In Research and Profit
Maximization in Finance and Economics, author Christopher Warburton
breaks the methodology of research into three component parts: the
essence of research; avenues from which data on economic indicators
could be obtained; and the estimation of assorted models for
forecasting economic indicators to maximize profit. The central
concept of profit maximization is presented to incorporate the
optimization problem in Economics. The substitution, Langrangean,
graphing, and linear programming methods of optimization are fully
explained. Data and model discussions include practical examples of
stationary and non-stationary data, as well as univariate,
multivariate, and atheoretic (Box-Jenkins) regression models.
Research and Profit Maximization in Finance and Economics is a
concise presentation to meet notable challenges in academic and
business research, which involve data collection, basic data
estimation, forecasting, and profit maximization.
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