Numerical Methods in Economics

To harness the full power of computer technology, economists need to use a broad range of mathematical...
¥40,996 JPY
¥40,996 JPY
SKU: 9780262547741
Product Type: Books
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Author: Kenneth L. Judd
Format: Paperback
Language: English
Subtotal: ¥40,996
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Numerical Methods in Economics by Judd, Kenneth L.

Numerical Methods in Economics

¥40,996

Numerical Methods in Economics

¥40,996
Author: Kenneth L. Judd
Format: Paperback
Language: English

To harness the full power of computer technology, economists need to use a broad range of mathematical techniques. In this book, Kenneth Judd presents techniques from the numerical analysis and applied mathematics literatures and shows how to use them in economic analyses. The book is divided into five parts. Part I provides a general introduction. Part II presents basics from numerical analysis on R n, including linear equations, iterative methods, optimization, nonlinear equations, approximation methods, numerical integration and differentiation, and Monte Carlo methods. Part III covers methods for dynamic problems, including finite difference methods, projection methods, and numerical dynamic programming. Part IV covers perturbation and asymptotic solution methods. Finally, Part V covers applications to dynamic equilibrium analysis, including solution methods for perfect foresight models and rational expectation models. A website contains supplementary material including programs and answers to exercises.

Author: Kenneth L. Judd
Publisher: MIT Press
Published: 04/04/2023
Pages: 656
Binding Type: Paperback
Weight: 2.22lbs
Size: 9.00h x 7.00w x 1.32d
ISBN: 9780262547741
Audience: Young Adult

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