Optimisation in Economic Analysis: 1st Edition (e-Book) book cover

Optimisation in Economic Analysis

1st Edition

By Gordon Mills

Routledge

207 pages

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Description

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.

Table of Contents

1. The Formulation of Linear Models

2. Solving Linear Models

3. Duality

4. More Linear Models

5. Production Theory: The Linear and Neoclassical Model

6. Optimisation over Time

7. Non-Linear Constrained Optimisation

8. Non-Linear and Integer Programming

9. Dynamic Programming

10. Some Further Economic Applications

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS069030
BUSINESS & ECONOMICS / Economics / Theory