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Elements of Numerical Mathematical Economics with Excel - Static and Dynamic Optimization (Paperback)
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Elements of Numerical Mathematical Economics with Excel - Static and Dynamic Optimization (Paperback)
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Elements of Numerical Mathematical Economics with Excel: Static and
Dynamic Optimization shows readers how to apply static and dynamic
optimization theory in an easy and practical manner, without
requiring the mastery of specific programming languages that are
often difficult and expensive to learn. Featuring user-friendly
numerical discrete calculations developed within the Excel
worksheets, the book includes key examples and economic
applications solved step-by-step and then replicated in Excel.
After introducing the fundamental tools of mathematical economics,
the book explores the classical static optimization theory of
linear and nonlinear programming, applying the core concepts of
microeconomics and some portfolio theory. This provides a
background for the more challenging worksheet applications of the
dynamic optimization theory. The book also covers special
complementary topics such as inventory modelling, data analysis for
business and economics, and the essential elements of Monte Carlo
analysis. Practical and accessible, Elements of Numerical
Mathematical Economics with Excel: Static and Dynamic Optimization
increases the computing power of economists worldwide. This book is
accompanied by a companion website that includes Excel examples
presented in the book, exercises, and other supplementary materials
that will further assist in understanding this useful framework.
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