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Optimisation in Economic Analysis

Optimisation in Economic Analysis PDF Author: Gordon Mills
Publisher: Psychology Press
ISBN: 9780415313162
Category : Economics, Mathematical
Languages : en
Pages : 216

Book Description
One of the fundamental economic problems is one of making the best use of limited resources. As a result, mathematical optimisation methods play a crucial role in economic theory. Covering the use of such methods in applied and policy contexts, this book deals not only with the main techniques (linear programming, nonlinear optimisation and dynamic programming), but also emphasizes the art of model-building and discusses fields such as optimisation over time.