Applied Computational Economic

Miranda, Mario J.; Fackler, Paul L.

ISBN 10: 0262134209 / ISBN 13: 9780262134200

Editore: Mit Pr, 2002

Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc. Codice articolo 00098863608

Riassunto:

This book presents a variety of computational methods used to solve dynamic problemsin economics and finance. It emphasizes practical numerical methods rather than mathematical proofsand focuses on techniques that apply directly to economic analyses. The examples are drawn from awide range of subspecialties of economics and finance, with particular emphasis on problems inagricultural and resource economics, macroeconomics, and finance. The book also provides anextensive Web-site library of computer utilities and demonstration programs.The book is divided intotwo parts. The first part develops basic numerical methods, including linear and nonlinear equationmethods, complementarity methods, finite-dimensional optimization, numerical integration anddifferentiation, and function approximation. The second part presents methods for solving dynamicstochastic models in economics and finance, including dynamic programming, rational expectations,and arbitrage pricing models in discrete and continuous time. The book uses MATLAB to illustrate thealgorithms and includes a utilities toolbox to help readers develop their own computationaleconomics applications.

Informazioni sull?autore:

Paul L. Fackler is Associate Professor, Department of Agricultural and Resource Economics, North Carolina State University.

Dati bibliografici

Titolo: Applied Computational Economic
Casa editrice: Mit Pr
Data di pubblicazione: 2002
Legatura: Rilegato
Condizione: Good