Dynamic Economics Optimization by the Lagrange Method
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Dynamic Economics Optimization by the Lagrange Method Description
This book provides a unified and simple treatment of dynamic economics using dynamic optimization as the main theme, and the method of Lagrange multipliers to solve dynamic economic problems.
Details
| OPC | PDHNJSV |
|---|---|
| Codes | 0195101928 (ISBN-10) |
| 9780195101928 (ISBN) |
Disclaimer: The information below is provided by various external sources and should be used as a guide only.
This work provides a unified and simple treatment of dynamic economics using dynamic optimization as the main theme and the method of Lagrange multipliers to solve dynamic economic problems. The author presents the optimization framework for dynamic economics in order that readers can understand the approach and use it as they see fit. Instead of using dynamic programming the author chooses instead to use the method of Lagrange multipliers in the analysis of dynamic optimization because it is easier and more efficient than dynamic programming and allows readers to understand the substance of dynamic economics better. The author treats a number of topics in economics including economic growth macroeconomics microeconomics finance and dynamic games. The book also teaches by examples using concepts to solve simple problems; it then moves to general propositions.
Alternative names:
- ISBN Dynamic Economics ( Optimization by the Lagrange Method ) 248 pages English
Detailed Product Information
Features
| Language version | English |
|---|---|
| Release date (DD/MM/YYYY) | 03/04/1997 |
| Number of pages | 248 pages |
| Written by | Gregory C. Chow |
| Publisher | Oxford University Press |
| Suggested gender | Any gender |
| International Standard Book Number (ISBN) | 9780195101928 |
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