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Mathematical Modeling in Economics is a comprehensive and insightful book that delves into the fascinating world of mathematical modeling and its applications in the eld of economics. is book serves as an essential guide for students, researchers, and practitioners seeking to deepen their understanding of economic concepts and phenomena through the lens of mathematical models. e book begins with a solid foundation in the principles of mathematical modeling, providing readers with a clear understanding of the underlying mathematical techniques and tools used in economic analysis. It explores various types of mathematical models, including regression analysis, time series analysis, panel data analysis, and equilibrium models, among others. rough a combination of theoretical explanations, practical examples, and real-world case studies, the book demonstrates how mathematical models can be used to analyze and solve complex economic problems. Readers will gain valuable insights into key economic topics such as supply and demand, production and cost analysis, market equilibrium, monetary and scal policy, trade, and environmental issues. is book apart is its emphasis on bridging the gap between theory and practice. It not only presents the theoretical foundations of mathematical modeling but also provides step-by-step guidance on how to construct and implement models using real data. The e book equips readers with the necessary skills to apply mathematical techniques to real-world economic scenarios, making it a valuable resource for both academia and professional economists.
Mathematical Modeling in Economics
“Mathematical models are like maps: they are abstractions, simplifications of reality, and like maps, they are useful in navigating the world.“
Mathematical Modeling in Economics
“Mathematical models are like maps: they are abstractions, simplifications of reality, and like maps, they are useful in navigating the world.“
Mathematical Modeling in Economics
A Practical Guide
SHARIF SHABIR
Copyright © Sharif Shabir, 2023
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law. For permission requests, write to the publisher at the address below.
This book can be exported from India only by the publishers or by the authorized suppliers. Infringement of this condition of sale will lead to Civil and Criminal prosecution.
Paperback ISBN: 978-81-19221-79-0
eBook ISBN: 978-81-19221-83-7
WebPDF ISBN: 978-81-19221-81-3
Note: Due care and diligence has been taken while editing and printing the book; neither the author nor the publishers of the book hold any responsibility for any mistake that may have inadvertently crept in.
The publishers shall not be liable for any direct, consequential, or incidental damages arising out of the use of the book. In case of binding mistakes, misprints, missing pages, etc., the publishers’ entire liability, and your exclusive remedy, is replacement of the book within one month of purchase by similar edition/reprint of the book.
Printed and bound in India by
16Leaves
2/579, Singaravelan Street
Chinna Neelankarai
Chennai – 600 041
India
Call: 91-9940638999
Copyright © Sharif Shabir, 2023
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law. For permission requests, write to the publisher at the address below.
This book can be exported from India only by the publishers or by the authorized suppliers. Infringement of this condition of sale will lead to Civil and Criminal prosecution.
Paperback ISBN: 978-81-19221-79-0
eBook ISBN: 978-81-19221-83-7
WebPDF ISBN: 978-81-19221-81-3
Note: Due care and diligence has been taken while editing and printing the book; neither the author nor the publishers of the book hold any responsibility for any mistake that may have inadvertently crept in.
The publishers shall not be liable for any direct, consequential, or incidental damages arising out of the use of the book. In case of binding mistakes, misprints, missing pages, etc., the publishers’ entire liability, and your exclusive remedy, is replacement of the book within one month of purchase by similar edition/reprint of the book.
Printed and bound in India by
16Leaves
2/579, Singaravelan Street
Chinna Neelankarai
Chennai – 600 041
India
Call: 91-9940638999
Copyright © Sharif Shabir, 2023
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law. For permission requests, write to the publisher at the address below.
This book can be exported from India only by the publishers or by the authorized suppliers. Infringement of this condition of sale will lead to Civil and Criminal prosecution.
Paperback ISBN: 978-81-19221-79-0
eBook ISBN: 978-81-19221-83-7
WebPDF ISBN: 978-81-19221-81-3
Note: Due care and diligence has been taken while editing and printing the book; neither the author nor the publishers of the book hold any responsibility for any mistake that may have inadvertently crept in.
The publishers shall not be liable for any direct, consequential, or incidental damages arising out of the use of the book. In case of binding mistakes, misprints, missing pages, etc., the publishers’ entire liability, and your exclusive remedy, is replacement of the book within one month of purchase by similar edition/reprint of the book.
Printed and bound in India by
16Leaves
2/579, Singaravelan Street
Chinna Neelankarai
Chennai – 600 041
India
Call: 91-9940638999
5.Mathematical Models in Microeconomics
6.Mathematical Models in Macroeconomics
5.Mathematical Models in Microeconomics
6.Mathematical Models in Macroeconomics
7.Applications of Mathematical Models in policy making
Mathematical Modeling in Economics is a comprehensive and insightful book that delves into the fascinating world of mathematical modeling and its applications in the eld of economics. is book serves as an essential guide for students, researchers, and practitioners seeking to deepen their understanding of economic concepts and phenomena through the lens of mathematical models. e book begins with a solid foundation in the principles of mathematical modeling, providing readers with a clear understanding of the underlying mathematical techniques and tools used in economic analysis. It explores various types of mathematical models, including regression analysis, time series analysis, panel data analysis, and equilibrium models, among others. rough a combination of theoretical explanations, practical examples, and real-world case studies, the book demonstrates how mathematical models can be used to analyze and solve complex economic problems. Readers will gain valuable insights into key economic topics such as supply and demand, production and cost analysis, market equilibrium, monetary and scal policy, trade, and environmental issues. is book apart is its emphasis on bridging the gap between theory and practice. It not only presents the theoretical foundations of mathematical modeling but also provides step-by-step guidance on how to construct and implement models using real data. The e book equips readers with the necessary skills to apply mathematical techniques to real-world economic scenarios, making it a valuable resource for both academia and professional economists.
Mathematical Modeling in Economics
“Mathematical models are like maps: they are abstractions, simplifications of reality, and like maps, they are useful in navigating the world.“
Mathematical Modeling in Economics
“Mathematical models are like maps: they are abstractions, simplifications of reality, and like maps, they are useful in navigating the world.“
Mathematical Modeling in Economics
A Practical Guide
SHARIF SHABIR
Copyright © Sharif Shabir, 2023
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law. For permission requests, write to the publisher at the address below.
This book can be exported from India only by the publishers or by the authorized suppliers. Infringement of this condition of sale will lead to Civil and Criminal prosecution.
Paperback ISBN: 978-81-19221-79-0
eBook ISBN: 978-81-19221-83-7
WebPDF ISBN: 978-81-19221-81-3
Note: Due care and diligence has been taken while editing and printing the book; neither the author nor the publishers of the book hold any responsibility for any mistake that may have inadvertently crept in.
The publishers shall not be liable for any direct, consequential, or incidental damages arising out of the use of the book. In case of binding mistakes, misprints, missing pages, etc., the publishers’ entire liability, and your exclusive remedy, is replacement of the book within one month of purchase by similar edition/reprint of the book.
Printed and bound in India by
16Leaves
2/579, Singaravelan Street
Chinna Neelankarai
Chennai – 600 041
India
Call: 91-9940638999
Copyright © Sharif Shabir, 2023
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law. For permission requests, write to the publisher at the address below.
This book can be exported from India only by the publishers or by the authorized suppliers. Infringement of this condition of sale will lead to Civil and Criminal prosecution.
Paperback ISBN: 978-81-19221-79-0
eBook ISBN: 978-81-19221-83-7
WebPDF ISBN: 978-81-19221-81-3
Note: Due care and diligence has been taken while editing and printing the book; neither the author nor the publishers of the book hold any responsibility for any mistake that may have inadvertently crept in.
The publishers shall not be liable for any direct, consequential, or incidental damages arising out of the use of the book. In case of binding mistakes, misprints, missing pages, etc., the publishers’ entire liability, and your exclusive remedy, is replacement of the book within one month of purchase by similar edition/reprint of the book.
Printed and bound in India by
16Leaves
2/579, Singaravelan Street
Chinna Neelankarai
Chennai – 600 041
India
Call: 91-9940638999
Copyright © Sharif Shabir, 2023
All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law. For permission requests, write to the publisher at the address below.
This book can be exported from India only by the publishers or by the authorized suppliers. Infringement of this condition of sale will lead to Civil and Criminal prosecution.
Paperback ISBN: 978-81-19221-79-0
eBook ISBN: 978-81-19221-83-7
WebPDF ISBN: 978-81-19221-81-3
Note: Due care and diligence has been taken while editing and printing the book; neither the author nor the publishers of the book hold any responsibility for any mistake that may have inadvertently crept in.
The publishers shall not be liable for any direct, consequential, or incidental damages arising out of the use of the book. In case of binding mistakes, misprints, missing pages, etc., the publishers’ entire liability, and your exclusive remedy, is replacement of the book within one month of purchase by similar edition/reprint of the book.
Printed and bound in India by
16Leaves
2/579, Singaravelan Street
Chinna Neelankarai
Chennai – 600 041
India
Call: 91-9940638999
5.Mathematical Models in Microeconomics
6.Mathematical Models in Macroeconomics
5.Mathematical Models in Microeconomics
6.Mathematical Models in Macroeconomics
7.Applications of Mathematical Models in policy making