Download or read book Mathematical Macroeconomic Models written by Mokhtar M. Metwally and published by Academic Publishers. This book was released on 1995 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics for Mathematicians written by John William Scott Cassels and published by Cambridge University Press. This book was released on 1981-12-10 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the expanded notes of a course intended to introduce students specializing in mathematics to some of the central ideas of traditional economics. The book should be readily accessible to anyone with some training in university mathematics; more advanced mathematical tools are explained in the appendices. Thus this text could be used for undergraduate mathematics courses or as supplementary reading for students of mathematical economics.

Download or read book Economic Models Methods Theory And Applications written by Dipak R Basu and published by World Scientific. This book was released on 2009-04-17 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Model Building is the most fruitful area of economics, designed to solve real-world problems using all available methods such as mathematical, computational and analytical, without distinction. Wherever necessary, we should not be reluctant to develop new techniques, whether mathematical or computational. That is the philosophy of this volume.The volume is divided into three distinct parts: Methods, Theory and Applications. The Methods section is in turn subdivided into Mathematical Programming and Econometrics and Adaptive Control System, which are widely used in econometric analysis. The impacts of fiscal policy in a regime with independent monetary authority and dynamic models of environmental taxation are considered.In the section on “Modelling Business Organization”, a model of a Japanese organization is presented. Furthermore, a model suitable for an efficient budget management of a health service unit by applying goal programming method is analyzed, taking into account various socio-economic factors. This is followed by a section on “Modelling National Economies”, in which macroeconometric models for the EU member countries are analyzed, to find instruments that stabilize inflation with coordinated action.

Download or read book Macroeconomic Models and Controversies written by G. Chirichiello and published by Springer. This book was released on 1994-05-31 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides an introduction to major topics in macroeconomic theory and offers the readers three tools for comparing different models:a mathematical reformulation of Say's Law, the use of income velocity of circulation of money as a behavioural function in accordance with the Friedman tradition and the use of the Phillips curve to represent the labour market.

Download or read book Economic Model written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-03-27 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Economic Model An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes. Frequently, economic models posit structural parameters. A model may have various exogenous variables, and those variables may change to create various responses by economic variables. Methodological uses of models include investigation, theorizing, and fitting theories to the world. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Economic model Chapter 2: Econometrics Chapter 3: Macroeconomics Chapter 4: Mathematical model Chapter 5: Neoclassical economics Chapter 6: Rational expectations Chapter 7: Index of economics articles Chapter 8: Lucas critique Chapter 9: Macroeconomic model Chapter 10: Bellman equation Chapter 11: Econometric model Chapter 12: Lars Peter Hansen Chapter 13: Applied economics Chapter 14: Economics education Chapter 15: Qualitative economics Chapter 16: Dynamic stochastic general equilibrium Chapter 17: Mathematical economics Chapter 18: Real business-cycle theory Chapter 19: Mathematical finance Chapter 20: Criticisms of econometrics Chapter 21: Causal inference (II) Answering the public top questions about economic model. (III) Real world examples for the usage of economic model in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Economic Model.

Download or read book Macroeconomics A Mathematical Approach written by Anita Ghatak and published by Concept Publishing Company. This book was released on with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Econometrics of Macroeconomic Modelling written by Gunnar Bårdsen and published by Oxford University Press, USA. This book was released on 2005 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work describes how the discipline has adapted to changing demands by adopting new insights from economic theory and by taking advantage of the methodological and conceptual advances within time series econometrics.

Download or read book State Space Models written by Yong Zeng and published by Springer Science & Business Media. This book was released on 2013-08-15 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-space models as an important mathematical tool has been widely used in many different fields. This edited collection explores recent theoretical developments of the models and their applications in economics and finance. The book includes nonlinear and non-Gaussian time series models, regime-switching and hidden Markov models, continuous- or discrete-time state processes, and models of equally-spaced or irregularly-spaced (discrete or continuous) observations. The contributed chapters are divided into four parts. The first part is on Particle Filtering and Parameter Learning in Nonlinear State-Space Models. The second part focuses on the application of Linear State-Space Models in Macroeconomics and Finance. The third part deals with Hidden Markov Models, Regime Switching and Mathematical Finance and the fourth part is on Nonlinear State-Space Models for High Frequency Financial Data. The book will appeal to graduate students and researchers studying state-space modeling in economics, statistics, and mathematics, as well as to finance professionals.

Download or read book New Mathematical Advances in Economic Dynamics written by David F. Batten and published by Routledge. This book was released on 2018-02-28 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1985. Mathematical methods and models to facilitate the understanding of the processes of economic dynamics and prediction were refined considerably over the period before this book was written. The field had grown; and many of the techniques involved became extremely complicated. Areas of particular interest include optimal control, non-linear models, game-theoretic approaches, demand analysis and time-series forecasting. This book presents a critical appraisal of developments and identifies potentially productive new directions for research. It synthesises work from mathematics, statistics and economics and includes a thorough analysis of the relationship between system understanding and predictability.

Download or read book Macroeconomic Models and Controversies written by Giuseppe Chirichiello and published by Palgrave Macmillan. This book was released on 1994-01-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to major topics in macroeconomic theory and offers the readers three models for comparing different models. The first model is a mathematical reformulation of Say's Law which clarifies the 'Keynes versus classics' debate from a new point of view. The second model uses income velocity of money circulation as a behavioural function in accordance with the Friedman tradition. This makes it possible to translate the language of the Keynesian model into the language of monetarism and thus directly compare the major schools of the 1970s. The third model is the use of the Phillips curve to represent the functioning of the labour market. This makes it possible to evaluate the fundamentals of the new classical macroeconomics. The book also deals with the macroeconomics of rationing equilibria and offers extensions towards the aggregate demand-supply approach.

Download or read book Mathematical Modeling in Economics Ecology and the Environment written by N.V. Hritonenko and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problems of interrelation between human economics and natural environment include scientific, technical, economic, demographic, social, political and other aspects that are studied by scientists of many specialities. One of the important aspects in scientific study of environmental and ecological problems is the development of mathematical and computer tools for rational management of economics and environment. This book introduces a wide range of mathematical models in economics, ecology and environmental sciences to a general mathematical audience with no in-depth experience in this specific area. Areas covered are: controlled economic growth and technological development, world dynamics, environmental impact, resource extraction, air and water pollution propagation, ecological population dynamics and exploitation. A variety of known models are considered, from classical ones (Cobb Douglass production function, Leontief input-output analysis, Solow models of economic dynamics, Verhulst-Pearl and Lotka-Volterra models of population dynamics, and others) to the models of world dynamics and the models of water contamination propagation used after Chemobyl nuclear catastrophe. Special attention is given to modelling of hierarchical regional economic-ecological interaction and technological change in the context of environmental impact. Xlll XIV Construction of Mathematical Models ...

Download or read book Models for Dynamic Macroeconomics written by Fabio-Cesare Bagliano and published by OUP Oxford. This book was released on 2004-02-05 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dynamic Approaches to Macroeconomics provides the advanced student with key methodological tools for the dynamic analysis of a core selection of macroeconomic phenomena, including consumption and investment choices, employment and unemployment outcomes, and economic growth. The technical treatment of these tools will enable the student to handle current journal literature, while not assuming any particular familiarity with advanced analytical tools or mathematical notions. As these tools are introduced, they are related to particular applications to illustrate their use. Chapters are linked by various formal and substantive threads. Discrete-time optimization under uncertainty, introduced in Chapter 1, is motivated and discussed by applications to consumption theory, with particular attention to empirical implementation. Chapter 2 focuses on continuous-time optimization techniques, and discusses the relevant insights in the context of partial-equilibrium investment models. Chapter 3 revisits many of the previous chapters' formal derivations with applications to dynamic labour demand, in comparison to optimal investment models, and characterizes labor market equilibrium when not only individual firms' labor demand, but also individual labor supply by workers, is subject to adjustment costs. Chapter 4 proposes broader applications of methods introduced in the previous chapters and studies continuous-time equilibrium dynamics of representative agent economies, featuring both consumption and investment choices, with applications to long-run growth frameworks of analysis. Chapter 5 illustrates the role of decentralized trading in determining aggregate equilibria, and characterizes aggregate labor market dynamics in the presence of frictional unemployment. Chapters 4 and 5 pay particular attention to strategic interactions and externalities: even when each agent correctly solves his or her individual dynamic problem, modern microfounded macroeconomic models recognize that macroeconomic equilibrium need not have unambiguously desirable properties. By bridging the gap between undergraduate economics and modern microfounded macroeconomic research, this book will be of interest to graduate students in economics, and as a technical reference for economic researchers.

Download or read book An Introduction to Mathematical Analysis for Economic Theory and Econometrics written by Dean Corbae and published by Princeton University Press. This book was released on 2009-02-17 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing an introduction to mathematical analysis as it applies to economic theory and econometrics, this book bridges the gap that has separated the teaching of basic mathematics for economics and the increasingly advanced mathematics demanded in economics research today. Dean Corbae, Maxwell B. Stinchcombe, and Juraj Zeman equip students with the knowledge of real and functional analysis and measure theory they need to read and do research in economic and econometric theory. Unlike other mathematics textbooks for economics, An Introduction to Mathematical Analysis for Economic Theory and Econometrics takes a unified approach to understanding basic and advanced spaces through the application of the Metric Completion Theorem. This is the concept by which, for example, the real numbers complete the rational numbers and measure spaces complete fields of measurable sets. Another of the book's unique features is its concentration on the mathematical foundations of econometrics. To illustrate difficult concepts, the authors use simple examples drawn from economic theory and econometrics. Accessible and rigorous, the book is self-contained, providing proofs of theorems and assuming only an undergraduate background in calculus and linear algebra. Begins with mathematical analysis and economic examples accessible to advanced undergraduates in order to build intuition for more complex analysis used by graduate students and researchers Takes a unified approach to understanding basic and advanced spaces of numbers through application of the Metric Completion Theorem Focuses on examples from econometrics to explain topics in measure theory

Download or read book Economic Dynamics with Memory written by Vasily E. Tarasov and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-01-18 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: The series is devoted to the publication of high-level monographs which cover progresses in fractional calculus research in mathematics and applications in physics, mechanics, engineering and biology etc. Methodological aspects e.g., theory, modeling and computational methods are presented from mathematical point of view, and emphases are placed in computer simulation, analysis, design and control of application-oriented issues in various scientific disciplines. It is designed for mathematicians, and researchers using fractional calculus as a tool in the field of physics, mechanics, engineering and biology. Contributions which are interdisciplinary and which stimulate further research at the crossroads of sciences and engineering are particularly welcomed. Editor-in-chief: Changpin Li, Shanghai University, China Editorial Board: Virginia Kiryakova, Bulgarian Academy of Sciences, Bulgaria Francesco Mainardi, University of Bologna, Italy Dragan Spasic, University of Novi Sad, Serbia Bruce Ian Henry, University of New South Wales, Australia YangQuan Chen, University of California, Merced, USA Please submit book proposals to Leonardo Milla, [email protected]

Download or read book Recursive Models of Dynamic Linear Economies written by Lars Peter Hansen and published by Princeton University Press. This book was released on 2018-07-10 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the economic modeling of household preferences, from two leaders in the field A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. In Recursive Models of Dynamic Linear Economies, Lars Peter Hansen and Thomas Sargent use these tools to create a class of econometrically tractable models of prices and quantities. They present examples from microeconomics, macroeconomics, and asset pricing. The models are cast in terms of a representative consumer. While Hansen and Sargent demonstrate the analytical benefits acquired when an analysis with a representative consumer is possible, they also characterize the restrictiveness of assumptions under which a representative household justifies a purely aggregative analysis. Hansen and Sargent unite economic theory with a workable econometrics while going beyond and beneath demand and supply curves for dynamic economies. They construct and apply competitive equilibria for a class of linear-quadratic-Gaussian dynamic economies with complete markets. Their book, based on the 2012 Gorman lectures, stresses heterogeneity, aggregation, and how a common structure unites what superficially appear to be diverse applications. An appendix describes MATLAB programs that apply to the book's calculations.

Download or read book Macroeconomics and New Macroeconomics written by Bernhard Felderer and published by Springer Science & Business Media. This book was released on 1992-08-21 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives a comprehensive account of traditional and more recent developments in macroeconomic theory. It is written primarily for students at the intermediate level. The book differs from the customary expositions in that the authors do not discuss topic by topic but orthodoxy by orthodoxy. Thus, the main approaches, like Classical theory, Keynesian theory, theory of portfolio selection, Monetarism, Rational Expectations theory, and Neokeynesian "disequilibrium" theory are presented in historical order. Each of these approaches is substantiated and criticized in a self-contained chapter, and the authors have taken great pains to bring out the relations and differences between them. A mathematical appendix reviews those mathematical facts which are especially important for macroeconomic models and serves to make the text easy to read.

Download or read book Nonparametric Comparative Statics and Stability written by Douglas Hale and published by Princeton University Press. This book was released on 2014-07-14 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors, leading researchers in the fields of mathematical economics and methodology, present the first comprehensive synthesis of literature on qualitative and other nonparametric techniques, which are important elements of comparative statics and stability analysis in economic theory. The topics covered show how to assess the comparative statics and stability of economic models without a precise quantitative knowledge of all model components. Applications of the analysis range from determining refutable hypotheses from theory to auditing the solutions of large, computer-based systems. This book discusses in depth the methodology involved in a nonparametric analysis of many neoclassical economic models. Constituting a virtually self-contained manual on such analysis, it provides detailed derivation of necessary and sufficient conditions for the existence of restrictive comparative statics and stability results for a range of specified models. Further, algorithms for applying certain of these conditions are given, with examples, as well as the underlying mathematical approach taken. A large body of research is unified covering issues that have been dealt with piecemeal in scattered but important journal articles by the authors and others. The book will prove invaluable to mathematical economists, mathematicians specializing in matrix or graph theory, applied economists working with large-scale economic models, and advanced students of economics. Originally published in 1999. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.