Problem Solving In Economics: A Quantitative Approach PDF Download

Author: Monojit Chatterji
Publisher: World Scientific
ISBN: 9811273375
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
This book reinforces an understanding of Economics by showing how basic mathematics is used to construct models of the economy. By taking wide-ranging examples drawn for virtually all areas of economics, it shows how model-building is an indispensable aid to understanding economics.The mathematical techniques used in the book are fairly rudimentary — optimisation methods and equation-solving are the primary tools used. A brief explanation of constrained optimisation using Lagrange multipliers is provided. Throughout, the emphasis is on how these techniques are fruitfully deployed in constructing economic models and solving economic problems. It bridges the gap between mathematical analysis and economic logic. For readers, it builds confidence in constructing their own models for purposes of analysis. The book is well-suited for self-study.

Author: Tomas Kliestik
Publisher: MDPI
ISBN: 3036505369
Category : Business & Economics
Languages : en
Pages : 164

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Book Description
The purpose of the Special Issue “Quantitative Methods in Economics and Finance” of the journal Risks was to provide a collection of papers that reflect the latest research and problems of pricing complex derivates, simulation pricing, analysis of financial markets, and volatility of exchange rates in the international context. This book can be used as a reference for academicians and researchers who would like to discuss and introduce new developments in the field of quantitative methods in economics and finance and explore applications of quantitative methods in other business areas.

Author: R. Veerachamy
Publisher: New Age International
ISBN: 8122423892
Category :
Languages : en
Pages : 14

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Book Description
About the Book: The revised second edition thoroughly explains the basic methods and techniques involved in mathematical analysis of economic phenomena. Statistical methods have been emphasized. Numerous new concepts, solved examples and illustrative practice problems have been included throughout the book. In addition, few new chapters have been added to enrich the quality of text as well. About the Author: Dr. R. Veerachamy was formerly Professor and Chairman in the Department of Economics, Bangalore University, Bangalore. He has put in 37 years of teaching on Quantitative Techniques for both Economics and Management students. His book "Quantitative Methods for Economists" is a very popular text among student community all over the country. Since 1973 he is handling the paper "Quantitative Methods for Economists" for the postgraduate students in Bangalore University. He has obtained his MSc. degree in Mathematical Economics from Madurai Kamaraj University and also has MA Economics degree as well from the same University to his credit. He is a First Rank Gold Medalist in Econometrics. He received his Ph.D. in the area of International Economics from Bangalore University. He has contributed research papers/articles in several journals of repute. He has vast experience in curriculum development for both MA and MBA courses. Currently he is working as a Professor, Department of Management Studies, East Point College of Higher Education, Bangalore.

Author: J.E. Trinidad-Segovia
Publisher: MDPI
ISBN: 3036501967
Category : Business & Economics
Languages : en
Pages : 418

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Book Description
This book is a collection of papers for the Special Issue “Quantitative Methods for Economics and Finance” of the journal Mathematics. This Special Issue reflects on the latest developments in different fields of economics and finance where mathematics plays a significant role. The book gathers 19 papers on topics such as volatility clusters and volatility dynamic, forecasting, stocks, indexes, cryptocurrencies and commodities, trade agreements, the relationship between volume and price, trading strategies, efficiency, regression, utility models, fraud prediction, or intertemporal choice.

Author: Omar O. Chisari
Publisher: Edward Elgar Publishing
ISBN: 9781782543596
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
Regulatory Economics and Quantitative Methods comprises original contributions by leading researchers working on issues relating to regulation in Latin America. They focus on regulation in infrastructure industries and attempt to show how quantitative analysis can contribute to more effective regulation. In particular, they discuss central issues relating to the measures used for benchmarking natural monopolies, incentives and contractual arrangements used in the regulatory environment and the impact of regulation and regulatory processes.

Author: Jerome Adda
Publisher: MIT Press
ISBN: 0262547880
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
An integrated approach to the empirical application of dynamic optimization programming models, for students and researchers. This book is an effective, concise text for students and researchers that combines the tools of dynamic programming with numerical techniques and simulation-based econometric methods. Doing so, it bridges the traditional gap between theoretical and empirical research and offers an integrated framework for studying applied problems in macroeconomics and microeconomics. In part I the authors first review the formal theory of dynamic optimization; they then present the numerical tools and econometric techniques necessary to evaluate the theoretical models. In language accessible to a reader with a limited background in econometrics, they explain most of the methods used in applied dynamic research today, from the estimation of probability in a coin flip to a complicated nonlinear stochastic structural model. These econometric techniques provide the final link between the dynamic programming problem and data. Part II is devoted to the application of dynamic programming to specific areas of applied economics, including the study of business cycles, consumption, and investment behavior. In each instance the authors present the specific optimization problem as a dynamic programming problem, characterize the optimal policy functions, estimate the parameters, and use models for policy evaluation. The original contribution of Dynamic Economics: Quantitative Methods and Applications lies in the integrated approach to the empirical application of dynamic optimization programming models. This integration shows that empirical applications actually complement the underlying theory of optimization, while dynamic programming problems provide needed structure for estimation and policy evaluation.

Author: United States Naval Academy
Publisher:
ISBN:
Category : Naval education
Languages : en
Pages : 224

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Book Description

Author: United States Naval Academy
Publisher:
ISBN:
Category :
Languages : en
Pages : 220

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Book Description

Author: William G. Forgang
Publisher: Routledge
ISBN: 1317465652
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
Thoroughly classroom tested, this text is designed specifically for one-semester accelerated and online courses at the upper undergraduate and MBA levels. It is based on the theme that business and personal decisions are made within both micro- and macro-economic environments. By understanding the environments and their effects on outcomes of decisions, better choices can be made. The text also differs from others in the area because it is less theoretical, it provides a broader perspective for management problem solving, and it bridges economics with other business disciplines. Each chapter includes a management decision-oriented case study that applies tools of economic analysis. An online instructors manual is available to professors who adopt the text.

Author: Andreas Klose
Publisher: Springer Science & Business Media
ISBN: 3642561837
Category : Business & Economics
Languages : en
Pages : 418

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Book Description
Increasing customer needs, the globalization of markets and the evolution of e-commerce add to the complexity of logistic processes. In today's business, it is well understood that an effective management of logistic processes is impossible without the use of computer-based tools and quantitative methods. This book presents in a systematic way quantitative approaches to distribution logistics and supply chain management. The main orientation of the book is towards practical problem solving, and numerous case studies and practical applications are presented. The topics covered include: supply chain management, revers logistics, e-commerce, facility location and network planning, vehicle routing, warehousing, inventory control.