Mathematica for Microeconomics Learning by Example

"This book succeeds beautifully in introducing the tools and tricks of applying Mathematica to problems in microeconomics. I strongly recommend it as a supplement for courses in microeconomics." --Elmar Wolfstetter, Humboldt University at Berlin "I have been looking for a way to introduce Mathematica to advanced undergraduates for some time. This book seems perfect for the task. It offers illustrations from all of the major areas of microeconomics and shows how to implement the most common mathematical procedures (for example, Lagrangian maximization) in programming language. The simulation exercises suggested are quite helpful in building intuition." --Walter Nicholson, Department of Economics, Amherst College "Playing with and visualizing the mathematics of modern economics is not easy for the typical student. This book makes it easy for students to really see the meaning of constrained optimization and the most complicated mathematical notions regularly used in microeconomics." --Arthur T. Denzau, Claremont Graduate University This book teaches readers how to model static and dynamic problems in microeconomics using the computational software program Mathematica®. Each chapter explores a core problem in microeconomics while introducing the basics of Mathematica programming. Graphical and solution procedures are given for each problem along with discussions of fundamental economic principles. Once a model is constructed, users can explore the model's mathematical properties by changing functional forms and parameter values and letting Mathematica handle time-consuming calculations. Models can be extended to include multiple variables and greater rigor without tedious revisions. Mathematica® for Microeconomics addresses all major concepts taught in advanced microeconomic courses and assumes that readers have backgrounds in basic calculus and linear algebra. After learning the material in the book, readers will be able to design their own Mathematica procedures or expand upon those created in the book to explore new microeconomic problems. The accompanying CD-ROM contains the Mathematica programs discussed in the book and MathReader® software (a viewing program from Wolfram, Inc.). The CD-ROM may be used on both Windows and Macintosh platforms.Stinespring, John Robert is the author of 'Mathematica for Microeconomics Learning by Example' with ISBN 9780126709612 and ISBN 0126709610.