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Computational Economics.

By: Kendrick, David AContributor(s): Mercado, P. Ruben | Amman, Hans MMaterial type: TextTextPublication details: New Jersey, Princeton University Press, 2006. Description: xi, 436 p. : ill. ; 26 cmISBN: 0-691-12549-0 (hbk.)Subject(s): Computational statistics | Economics --Data processing | Economics Computer programsDDC classification: MCL 330 KEN Summary: "The ability to conceptualize an economic problem verbally, to formulate it as a mathematical model, and then represent the mathematics in software so that the model can be solved on a computer is a crucial skill for economists. Computational Economics contains well-known models--and some brand-new ones--designed to help students move from verbal to mathematical to computational representations in economic modeling. The authors' focus, however, is not just on solving the models, but also on developing the ability to modify them to reflect one's interest and point of view. The result is a book that enables students to be creative in developing models that are relevant to the economic problems of their times."--Book cover.
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"The ability to conceptualize an economic problem verbally, to formulate it as a mathematical model, and then represent the mathematics in software so that the model can be solved on a computer is a crucial skill for economists. Computational Economics contains well-known models--and some brand-new ones--designed to help students move from verbal to mathematical to computational representations in economic modeling. The authors' focus, however, is not just on solving the models, but also on developing the ability to modify them to reflect one's interest and point of view. The result is a book that enables students to be creative in developing models that are relevant to the economic problems of their times."--Book cover.

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