Optimisation in Economic Analysis
Author | : Gordon Mills |
Publisher | : Routledge |
Total Pages | : 208 |
Release | : 2014-04-04 |
ISBN-10 | : 9781317833635 |
ISBN-13 | : 1317833635 |
Rating | : 4/5 (635 Downloads) |
Download or read book Optimisation in Economic Analysis written by Gordon Mills and published by Routledge. This book was released on 2014-04-04 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the fundamental economic problems is one of making the best use of limited resources. As a result, mathematical optimisation methods play a crucial role in economic theory. Covering the use of such methods in applied and policy contexts, this book deals not only with the main techniques (linear programming, nonlinear optimisation and dynamic programming), but also emphasizes the art of model-building and discusses fields such as optimisation over time.