Michael R. Hammock, J. Wilson Mixon, "Microeconomic Theory and Computation: Applying the Maxima Open-Source Computer Algebra System"
English | ISBN: 1461494168 | 2013 | 400 pages | PDF | 4 MB
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.