Computational Economics: A Concise Introduction is ideal for economics, mathematics, computer science, and engineering majors taking classes in computational or numerical economics. The text is designed to help students move from the traditional and comparative static analysis of economic models, to a modern and dynamic computational study. The ability to equate an economic problem, formulate it into a mathematical model, and solve computationally is becoming a crucial and distinctive competence for most economists.
This vital textbook is organized around static and dynamic models, covering both macro and microeconomic topics, and exploring the numerical techniques required to solve those models. The book aims to help students develop the ability to modify the models themselves; using the MATLAB codes provided on the book and website, students can demonstrate a complete understanding of computational methods.
Computational Economics: A Concise Introduction is innovative, easy to read, and highly focused, providing economics students with the skills needed to understand the essentials of using numerical methods to solve economic problems. It also provides more technical readers with an easy way to manage economics through modeling and simulation. Later in the book, elaborate economic models and numerical methods are introduced which will prove valuable to those in more advanced study.