Comparative Statics Analysis In Economics

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Comparative Statics Analysis In Economics

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Author : Kevin M Currier
language : en
Publisher: World Scientific Publishing Company
Release Date : 2000-08-04

Comparative Statics Analysis In Economics written by Kevin M Currier and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-08-04 with Business & Economics categories.

As an empirical science, economics employs theoretical models to describe economic phenomena and processes. These models are then used to generate testable propositions. Comparative statics analysis facilitates the derivation of such propositions.This book is a self-contained introduction to comparative statics analysis which is appropriate for a first year PhD course in mathematics for economists. The demands that modern economic analysis places upon the student renders an incremental approach to learning essential. This permits students' intuition to develop as mathematical tools are employed in problem solving. In this book, students learn comparative statics by doing comparative statics in progressively more sophisticated models. Repeated application of the basic technique allows the student to gain competence in comparative statics analysis with minimal distraction.

Comparative Statics Analysis In Economics

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Author : Kevin M. Currier
language : en
Publisher: World Scientific
Release Date : 2000

Comparative Statics Analysis In Economics written by Kevin M. Currier and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.

As an empirical science, economics employs theoretical models to describe economic phenomena and processes. These models are then used to generate testable propositions. Comparative statics analysis facilitates the derivation of such propositions. This book is a self-contained introduction to comparative statics analysis which is appropriate for a first year PhD course in mathematics for economists. The demands that modern economic analysis places upon the student renders an incremental approach to learning essential. This permits students' intuition to develop as mathematical tools are employed in problem solving. In this book, students learn comparative statics by doing comparative statics in progressively more sophisticated models. Repeated application of the basic technique allows the student to gain competence in comparative statics analysis with minimal distraction.

Optimization And Stability Theory For Economic Analysis

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Author : Brian Beavis
language : en
Publisher: Cambridge University Press
Release Date : 1990

Optimization And Stability Theory For Economic Analysis written by Brian Beavis and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Economics, Mathematical categories.

This book presents a coherent and systematic exposition of the mathematical theory of the problems of optimization and stability. Both of these are topics central to economic analysis since the latter is so much concerned with the optimizing behaviour of economic agents and the stability of the interaction processes to which this gives rise. The topics covered include convexity, mathematical programming, fixed point theorems, comparative static analysis and duality, the stability of dynamic systems, the calculus of variations and optimal control theory. The authors present a more detailed and wide-ranging discussion of these topics than is to be found in the few books which attempt a similar coverage. Although the text deals with fairly advanced material, the mathematical prerequisites are minimised by the inclusion of an integrated mathematical review designed to make the text self-contained and accessible to the reader with only an elementary knowledge of calculus and linear algebra. A novel feature of the book is that it provides the reader with an understanding and feel for the kinds of mathematical techniques most useful for dealing with particular economic problems. This is achieved through an extensive use of a broad range of economic examples (rather than the numerical/algebraic examples so often found). This is suitable for use in advanced undergraduate and postgraduate courses in economic analysis and should in addition prove a useful reference work for practising economists.

Foundations Of Mathematical Economics

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Author : Michael Carter
language : en
Publisher: MIT Press
Release Date : 2001-10-26

Foundations Of Mathematical Economics written by Michael Carter and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-10-26 with Business & Economics categories.

This book provides a comprehensive introduction to the mathematical foundations of economics, from basic set theory to fixed point theorems and constrained optimization. Rather than simply offer a collection of problem-solving techniques, the book emphasizes the unifying mathematical principles that underlie economics. Features include an extended presentation of separation theorems and their applications, an account of constraint qualification in constrained optimization, and an introduction to monotone comparative statics. These topics are developed by way of more than 800 exercises. The book is designed to be used as a graduate text, a resource for self-study, and a reference for the professional economist.

Lionel Robbins On The Principles Of Economic Analysis

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Author : Lionel Robbins
language : en
Publisher: Routledge
Release Date : 2018-01-31

Lionel Robbins On The Principles Of Economic Analysis written by Lionel Robbins and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-31 with Business & Economics categories.

Lionel Robbins (1898–1984) is best known to economists for his Essay on the Nature and Significance of Economic Science (1932 and 1935). To the wider public he is well known for the 'Robbins Report' of the 1960s on Higher Education, which recommended a major expansion of university education in Britain. However, throughout his academic career – at Oxford and the London School of Economics in the 1920s, and as Professor of Economics at the School from 1929 to 1961 – he was renowned as an exceptionally gifted teacher. Generations of students remember his lectures for their clarity and comprehensiveness and for his infectious enthusiasm for his subject. Besides his famous graduate seminar his most important and influential courses at LSE were the Principles of Economic Analysis, which he gave in the 1930s and again in the late 1940s and 1950s, as well as the History of Economic Thought, from 1953 until long after his official retirement. This book publishes for the first time the manuscript notes Robbins used for his lectures on the Principles of Economic Analysis from 1929/30 to 1934/40. At the outset of his career he took the advice of a senior colleague to prepare his lectures by writing them out fully before he presented them; the full notes for most of his pre-war lectures survive and are eminently decipherable. Since he made two major revisions of the lectures in the 1930s the Principles notes show both the development of his own thought and the way he incorporated the major theoretical innovations made by younger economists at LSE, such as John Hicks and Nicholas Kaldor, or elsewhere, notably Joan Robinson. He intended to turn his lecture notes into a book, abandoning the project only when he was asked to chair the Committee on Higher Education in 1960. This volume is not exactly the book he wanted to write, but it is a unique record of what was taught to senior undergraduate and graduate economists in those 'years of high theory'. It will be of interest to all economists interested in the development of economics in the twentieth century.

Modern Economics An Analytical Study 20th Edition

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Author : Ahuja H.L.
language : en
Publisher: S. Chand Publishing
Release Date : 2016

Modern Economics An Analytical Study 20th Edition written by Ahuja H.L. and has been published by S. Chand Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.

In its 20th edition, this trusted definitive text is a comprehensive treatise on modern economics. It discusses in detail microeconomics, macroeconomics, monetary theory and policy, international economics, public finance and fiscal policy and above all economics of growth and development. The book has been exhaustively revised to provide students an in-depth understanding of the fundamental concepts and is streamlined to focus on current topics and developments in the field.

The Oxford Handbook Of Comparative Institutional Analysis

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Author : Glenn Morgan
language : en
Publisher: OUP Oxford
Release Date : 2010-04-08

The Oxford Handbook Of Comparative Institutional Analysis written by Glenn Morgan and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-08 with Business & Economics categories.

It is increasingly accepted that 'institutions matter' for economic organization and outcomes. The last decade has seen significant expansion in research examining how institutional contexts affect the nature and behaviour of firms, the operation of markets, and economic outcomes. Yet 'institutions' conceal a multitude of issues and perspectives. Much of this research has been comparative, and followed different models such as 'varieties of capitalism', 'national business systems', and 'social systems of production'. This Handbook explores these issues, perspectives, and models, with the leading scholars in the area contributing chapters to provide a central reference point for academics, scholars, and students.

Foundations Of Dynamic Economic Analysis

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Author : Michael R. Caputo
language : en
Publisher: Cambridge University Press
Release Date : 2005-01-17

Foundations Of Dynamic Economic Analysis written by Michael R. Caputo and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-17 with Business & Economics categories.

Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theory, i.e., continuous time dynamic economic processes, and to interpret dynamic economic behavior. The style of presentation, with its continual emphasis on the economic interpretation of mathematics and models, distinguishes it from several other excellent texts on the subject. This approach is aided dramatically by introducing the dynamic envelope theorem and the method of comparative dynamics early in the exposition. Accordingly, motivated and economically revealing proofs of the transversality conditions come about by use of the dynamic envelope theorem. Furthermore, such sequencing of the material naturally leads to the development of the primal-dual method of comparative dynamics and dynamic duality theory, two modern approaches used to tease out the empirical content of optimal control models. The stylistic approach ultimately draws attention to the empirical richness of optimal control theory, a feature missing in virtually all other textbooks of this type.

Supermodularity And Complementarity

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Author : Donald M. Topkis
language : en
Publisher: Princeton University Press
Release Date : 2011-02-11

Supermodularity And Complementarity written by Donald M. Topkis and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-11 with Business & Economics categories.

The economics literature is replete with examples of monotone comparative statics; that is, scenarios where optimal decisions or equilibria in a parameterized collection of models vary monotonically with the parameter. Most of these examples are manifestations of complementarity, with a common explicit or implicit theoretical basis in properties of a super-modular function on a lattice. Supermodular functions yield a characterization for complementarity and extend the notion of complementarity to a general setting that is a natural mathematical context for studying complementarity and monotone comparative statics. Concepts and results related to supermodularity and monotone comparative statics constitute a new and important formal step in the long line of economics literature on complementarity. This monograph links complementarity to powerful concepts and results involving supermodular functions on lattices and focuses on analyses and issues related to monotone comparative statics. Don Topkis, who is known for his seminal contributions to this area, here presents a self-contained and up-to-date view of this field, including many new results, to scholars interested in economic theory and its applications as well as to those in related disciplines. The emphasis is on methodology. The book systematically develops a comprehensive, integrated theory pertaining to supermodularity, complementarity, and monotone comparative statics. It then applies that theory in the analysis of many diverse economic models formulated as decision problems, noncooperative games, and cooperative games.

Analytical Methods In Economics

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Author : Akira Takayama
language : en
Publisher: University of Michigan Press
Release Date : 1993

Analytical Methods In Economics written by Akira Takayama and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.

An accessible introduction to the analytical foundation of economics