Download or read book Mathematical Methods and Models for Economists written by Angel de la Fuente and published by Cambridge University Press. This book was released on 2000-01-28 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: A textbook for a first-year PhD course in mathematics for economists and a reference for graduate students in economics.
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 Mathematical Modeling in Economics and Finance Probability Stochastic Processes and Differential Equations written by Steven R. Dunbar and published by American Mathematical Soc.. This book was released on 2019-04-03 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical Modeling in Economics and Finance is designed as a textbook for an upper-division course on modeling in the economic sciences. The emphasis throughout is on the modeling process including post-modeling analysis and criticism. It is a textbook on modeling that happens to focus on financial instruments for the management of economic risk. The book combines a study of mathematical modeling with exposure to the tools of probability theory, difference and differential equations, numerical simulation, data analysis, and mathematical analysis. Students taking a course from Mathematical Modeling in Economics and Finance will come to understand some basic stochastic processes and the solutions to stochastic differential equations. They will understand how to use those tools to model the management of financial risk. They will gain a deep appreciation for the modeling process and learn methods of testing and evaluation driven by data. The reader of this book will be successfully positioned for an entry-level position in the financial services industry or for beginning graduate study in finance, economics, or actuarial science. The exposition in Mathematical Modeling in Economics and Finance is crystal clear and very student-friendly. The many exercises are extremely well designed. Steven Dunbar is Professor Emeritus of Mathematics at the University of Nebraska and he has won both university-wide and MAA prizes for extraordinary teaching. Dunbar served as Director of the MAA's American Mathematics Competitions from 2004 until 2015. His ability to communicate mathematics is on full display in this approachable, innovative text.
Download or read book Mathematical Modelling in Economics written by Wolfgang Eichhorn and published by Berlin : Springer-Verlag. This book was released on 1993 with total page 713 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mathematical Modeling of Collective Behavior in Socio Economic and Life Sciences written by Giovanni Naldi and published by Springer Science & Business Media. This book was released on 2010-08-12 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using examples from finance and modern warfare to the flocking of birds and the swarming of bacteria, the collected research in this volume demonstrates the common methodological approaches and tools for modeling and simulating collective behavior. The topics presented point toward new and challenging frontiers of applied mathematics, making the volume a useful reference text for applied mathematicians, physicists, biologists, and economists involved in the modeling of socio-economic systems.
Download or read book Aspects of Mathematical Modelling written by Roger J. Hosking and published by Springer Science & Business Media. This book was released on 2008-03-02 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction of mathematical models is an essential scientific activity. Mathematics is associated with developments in science and engineering, but more recently mathematical modelling has been used to investigate complex systems that arise in other fields. This book demonstrates the application of mathematics to research topics in ecology and environmental science, health and medicine, phylogenetics and neural networks, theoretical chemistry, economics and management.
Download or read book Mathematical Theory of Economic Dynamics and Equilibria written by V.L. Makarov and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to the mathematical analysis of models of economic dynamics and equilibria. These models form an important part of mathemati cal economics. Models of economic dynamics describe the motion of an economy through time. The basic concept in the study of these models is that of a trajectory, i.e., a sequence of elements of the phase space that describe admissible (possible) development of the economy. From all trajectories, we select those that are" desirable," i.e., optimal in terms of a certain criterion. The apparatus of point-set maps is the appropriate tool for the analysis of these models. The topological aspects of these maps (particularly, the Kakutani fixed-point theorem) are used to study equilibrium models as well as n-person games. To study dynamic models we use a special class of maps which, in this book, are called superlinear maps. The theory of superlinear point-set maps is, obviously, of interest in its own right. This theory is described in the first chapter. Chapters 2-4 are devoted to models of economic dynamics and present a detailed study of the properties of optimal trajectories. These properties are described in terms of theorems on characteristics (on the existence of dual prices) and turnpike theorems (theorems on asymptotic trajectories). In Chapter 5, we state and study a model of economic equilibrium. The basic idea is to establish a theorem about the existence of an equilibrium state for the Arrow-Debreu model and a certain generalization of it.
Download or read book Mathematical Methods in Dynamic Economics written by A. Simonovits and published by Springer. This book was released on 2000-06-05 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a concise description of important mathematical methods of dynamics and suitable economic models. It covers discrete as well as continuous-time systems, linear and nonlinear models. Mixing traditional and modern materials, the study covers dynamics with and without optimization, naive and rational expectations, respectively. In addition to standard models of growth and cycles, the book also contains original studies on control of a multisector economy and expectations-driven multicohort economy. Numerous examples, problems (with solutions) and figures complete the book.
Download or read book Mathematical Models of Economic Growth and Crises written by Alexei Krouglov and published by Nova Science Publishers. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main goal of this book is to present coherent mathematical models to describe an economic growth and related economic issues. The book is a continuation of the authors previous book Mathematical Dynamics of Economic Markets (9781594545283), which presented mathematical models of economic forces acting on the markets. In his previous book, the author described a system of ordinary differential equations, which connected together economic forces behind the products demand, supply and prices on the market. The author focuses on a specific aspect of how to modify the said system of ordinary differential equations, in order to describe the phenomenon of economic growth. In order to achieve clarity, the author restricted himself to economic processes arising on the markets of a single-product economy. Economic growth is presented as a result of savings and investment occurring on the markets. The markets participants withdraw part of the product from markets in the form of savings and use the withdrawn product in production in the form of an investment. The withdrawal drives the products supply on the market down while at the same time driving the products price up, which in turn drives the products demand down. When an impact of the products price increase exceeds an impact of the products demand decrease, economic growth occurs. Contrarily, one observes an economic decline in the opposite situation. The author looks into various aspects that savings and investment exert on the market. He in particular discusses the models that examine an economic growth in situations when savings and investment were done in the form of a one-time withdrawal of the product, constant-rate withdrawal of product, constant-accelerated withdrawal of product, and exponential withdrawal of product from the market. The author further examines an impact of four economic concepts on economic growth -- demand, supply, investment, and debt. He presents mathematical models exploring interconnections among these concepts and studies their mutual impacts on both economic growth and decline. He builds a mathematical model in order to verify a hypothesis that weak recovery after the financial crisis could be attributed to the decline of investments that were not compensated by the decrease of an interest rate. The author also looks into the phenomenon of economic crises and builds a few mathematical models. The models of four economic crises are considered. The first model concerns the last financial crisis where an author tried to explain how relatively small disturbances on financial markets had produced a large impact on the real economy. His conclusion is that fluctuations on connected markets amplify each other, which is known as the resonance phenomenon. The second model relates to the monetary part of Japanese economic policy known as Abenomics, where the price of Japanese bonds decreases and the yield increases. The author builds a mathematical model to investigate this phenomenon. The third model is about a secular stagnation hypothesis advanced by Lawrence Summers. The author complements his model of economic growth with the external supply of product to the market. He found that external supply provided with either constant rate or constant acceleration can cause a restricted or unrestricted economic decline, respectively. The fourth model is a model describing the four stages of the Greek economic crisis (before the Eurozone, before the Euro crisis, after the Euro crisis, and during the austerity period) and two potential recovery stages (with austere and benign economic transformations).
Download or read book Mathematics in Economics written by Adam Ostaszewski and published by Wiley-Blackwell. This book was released on 1993-09-28 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: A valuable guide to the mathematical apparatus that underlies so much of modern economics. The approach to mathematics is rigorous and the mathematical techniques are always presented in the context of the economics problem they are used to solve. Students can gain insight into, and familiarity with, the mathematical models and methods involved in the transition from 'phenomenon' to quantitative statement.
Download or read book Mathematical Economics written by Kelvin Lancaster and published by Courier Corporation. This book was released on 2012-10-10 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Graduate-level text provides complete and rigorous expositions of economic models analyzed primarily from the point of view of their mathematical properties, followed by relevant mathematical reviews. Part I covers optimizing theory; Parts II and III survey static and dynamic economic models; and Part IV contains the mathematical reviews, which range fromn linear algebra to point-to-set mappings.
Download or read book Principles of Mathematical Economics written by Shapoor Vali and published by Springer Science & Business Media. This book was released on 2013-12-02 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under the assumption of a basic knowledge of algebra and analysis, micro and macro economics, this self-contained and self-sufficient textbook is targeted towards upper undergraduate audiences in economics and related fields such as business, management and the applied social sciences. The basic economics core ideas and theories are exposed and developed, together with the corresponding mathematical formulations. From the basics, progress is rapidly made to sophisticated nonlinear, economic modelling and real-world problem solving. Extensive exercises are included, and the textbook is particularly well-suited for computer-assisted learning.
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 Mathematical Methods and Models in Economic Planning Management and Budgeting written by Galimkair Mutanov and published by Springer. This book was released on 2016-09-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes a system of mathematical models and methods that can be used to analyze real economic and managerial decisions and to improve their effectiveness. Application areas include: management of development and operation budgets, assessment and management of economic systems using an energy entropy approach, equation of exchange rates and forecasting foreign exchange operations, evaluation of innovative projects, monitoring of governmental programs, risk management of investment processes, decisions on the allocation of resources, and identification of competitive industrial clusters. The proposed methods and models were tested on the example of Kazakhstan’s economy, but the generated solutions will be useful for applications at other levels and in other countries. Regarding your book "Mathematical Methods and Models in Economics", I am impressed because now it is time when "econometrics" is becoming more appreciated by economists and by schools that are the hosts or employers of modern economists. ... Your presented results really impressed me. John F. Nash, Jr., Princeton University, Nobel Memorial Prize in Economic Sciences The book is within my scope of interest because of its novelty and practicality. First, there is a need for realistic modeling of complex systems, both natural and artificial that conclude computer and economic systems. There has been an ongoing effort in developing models dealing with complexity and incomplete knowledge. Consequently, it is clear to recognize the contribution of Mutanov to encapsulate economic modeling with emphasis on budgeting and innovation. Secondly, the method proposed by Mutanov has been verified by applying to the case of the Republic of Kazakhstan, with her vibrant emerging economy. Thirdly, Chapter 5 of the book is of particular interest for the computer technology community because it deals with innovation. In summary, the book of Mutanov should become one of the outstanding recognized pragmatic guides for dealing with innovative systems. Andrzej Rucinski, University of New Hampshire This book is unique in its theoretical findings and practical applicability. The book is an illuminating study based on an applied mathematical model which uses methods such as linear programming and input-output analysis. Moreover, this work demonstrates the author’s great insight and academic brilliance in the fields of finance, technological innovations and marketing vis-à-vis the market economy. From both theoretical and practical standpoint, this work is indeed a great achievement. Yeon Cheon Oh, President of Seoul National University
Download or read book Mathematical Dynamics of Economic Markets written by Alexei Krouglov and published by Nova Publishers. This book was released on 2006 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new book the author, Alexi Krouglov, examines real business cycles, financial markets, and economic growth with various mathematical models. Real business cycles are examined with three different models: one product and one supplier, one product and two suppliers, and n-products with n-suppliers. Financial markets are examined with more complex models because more complex topics, such as inflation and the stock market, are involved. Economic growth is examined through mathematical models that are specifically concerned with trade and arbitrage.
Download or read book Mathematics of Economics and Business written by Frank Werner and published by Routledge. This book was released on 2006-04-18 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. Introduction -- 2. Sequences, series, finance -- 3. Relations, mappings, functions of a real variable -- 4. Differentiation -- 5. Integration -- 6. Vectors -- 7. Matrices and determinants -- 8. Linear equations and inequalities -- 9. Linear programming -- 10. Eigenvalue problems and quadratic forms -- 11. Functions of several variables -- 12. Differential equations and difference equations.
Download or read book Mathematical Economics written by Akira Takayama and published by Cambridge University Press. This book was released on 1985-08-30 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: This systematic exposition and survey of mathematical economics emphasizes the unifying structures of economic theory.
