Mathematica for Microeconomics

Mathematica for Microeconomics

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Description

Mathematica is the most widely available computational program available to potential buyers of the book. Mathematica for Microeconomics focuses on teaching economics, not computer programming and that it devotes some space to solving equations "by hand." The author has made sure that the book is compatible with the most frequently used microeconomics textbooks on the market today. This book is designed as a supplemental tool for courses in microeconomics and mathematical economics. It shows professors and students steps to solving microeconomics problems.
Readers may begin reading at any chapter, and they may use the book as a "virtual instructor" to facilitate self-learning. They will recognize some of the popular problems, which have been taken from widely-used microeconomics texts.
Also included is a CD-ROM containing the Mathematica (R) MathReader (a viewing program similar to Adobe Acrobat) and folders specific to each chapter of the book.
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Product details

  • Hardback | 222 pages
  • 167.64 x 233.68 x 15.24mm | 453.59g
  • Academic Press Inc
  • San Diego, United States
  • English
  • w. graphs.
  • 0126709610
  • 9780126709612

Review quote

"This book succeeds beautifully in introducing the tools and tricks of applying Mathematica to problems in microeconomics. I strongly recommend it as a supplement for courses in microeconomics."
Elmar Wolfstetter, Humboldt-University at Berlin
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Table of contents

Mathematica Overview:
Introduction.
Consumer Theory:
Consumer Choice and the Lagrangian Multiplier Method.
Individual and Market Demand.
Compensating and Equivalent Variation under Price and Quantity Changes.
Time, Trade and Endowments.
Choice under Uncertainty.
Producer Theory:
Cost Minimization.
Short Run vs. Long Run Costs.
Duality.
Multiplant Production.
Perfect Competition, Monopoly and Price Discrimination.
Linear Programming.
Trade, Exchange and General Equilibrium.
Dynamic Optimization:
Differential and Difference Equations.
Calculus of Variations.
Index.
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Review Text

"This book succeeds beautifully in introducing the tools and tricks of applying Mathematica to problems in microeconomics. I strongly recommend it as a supplement for courses in microeconomics."
--Elmar Wolfstetter, Humboldt University at Berlin
"I have been looking for a way to introduce Mathematica to advanced undergraduates for some time. This book seems perfect for the task. It offers illustrations from all of the major areas of microeconomics and shows how to implement the most common mathematical procedures (for example, Lagrangian maximization) in programming language. The simulation exercises suggested should be quite helpful in building intuition."
--Walter Nicholson, Department of Economics, Amherst College
"Playing with and visualizing the mathematics of modern economics is not easy for the typical student. This book makes it easy for students to really see the meaning of constrained optimization and the most complicated mathematical notions regularly used in microeconomics."
--Arthur T. Denzau, Claremont Graduate School
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