It takes the average reader 6 hours and 32 minutes to read Microeconomic Theory and Computation by Michael R. Hammock
Assuming a reading speed of 250 words per minute. Learn more
Economists can use computer algebra systems to manipulate symbolic models, derive numerical computations, and analyze empirical relationships among variables. Maxima is an open-source multi-platform computer algebra system that rivals proprietary software. Maxima’s symbolic and computational capabilities enable economists and financial analysts to develop a deeper understanding of models by allowing them to explore the implications of differences in parameter values, providing numerical solutions to problems that would be otherwise intractable, and by providing graphical representations that can guide analysis. This book provides a step-by-step tutorial for using this program to examine the economic relationships that form the core of microeconomics in a way that complements traditional modeling techniques. Readers learn how to phrase the relevant analysis and how symbolic expressions, numerical computations, and graphical representations can be used to learn from microeconomic models. In particular, comparative statics analysis is facilitated. Little has been published on Maxima and its applications in economics and finance, and this volume will appeal to advanced undergraduates, graduate-level students studying microeconomics, academic researchers in economics and finance, economists, and financial analysts.
Microeconomic Theory and Computation by Michael R. Hammock is 385 pages long, and a total of 98,175 words.
This makes it 130% the length of the average book. It also has 120% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 8 hours and 56 minutes to read Microeconomic Theory and Computation aloud.
Microeconomic Theory and Computation is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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