What exactly is computational economics

Assignment Help Business Economics
Reference no: EM13838632

What exactly is computational economics? For example, does certain software for calculating/predicting/visualizing cost of manufacture falls under computational economics?

Reference no: EM13838632

Questions Cloud

Some real-world examples of different types of trading blocs : What are some real-world examples of these different types of trading blocs?
How do foreign investments get scared by monetary policy : In an interview with Daron Acemoglu, he says "the hot money which was floating through Turkey has stopped after FED's declaration that we are going to give much more attention on monetary policy". Basically I know some fundamental things like monetar..
In monopolistic competition-long-run economic profit : In monopolistic competition, firms are said to have zero long-run economic profit. This makes me wonder whether profits of intermediate goods producers in New Keynesian model ever be zero.
Extensive margin models use rogerson style lotteries : Extensive margin models use Rogerson (1988) style lotteries in order to simplify the savings problem under non-full-insurance.
What exactly is computational economics : What exactly is computational economics? For example, does certain software for calculating/predicting/visualizing cost of manufacture falls under computational economics?
What statistics and linear algebra book : What statistics and linear algebra book do I need before reading Hayashi's Econometrics? Basics linear algebra book seems too simple for the linear algebra part, and Casealla's statistical inference is missing out detail/too basic for the statistical..
About the Trading game : Here are some hypothetical numbers used to illustrate the ideas of trade-offs, specialization, and comparative advantage. Assume Sri Lanka, using all her resources efficiently, can produce either 1,000 bags of rice OR 3,000 bags of tea. let's play a ..
Corruption levels in an economy influences prices : This week there was news that some prices are rising. I heard that in some countries where corruption is high the prices are also higher. I wonder if there is causality or just both at same. It would be interesting to find some material to support if..
Affected by the market value going up and down : If the par value of the common stock is 5 dollars and is sold at market for 10 dollars does the company get the extra $5? Also how is the company affected by the market value going up and down?

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what way do competitive markets

In Illustrate what way do competitive markets have a "natural remedy" for discriminatory hiring practices.

  Illustrate what are the concepts gender planning

Illustrate what are the concepts gender planning, gender budgeting and gender mainstreaming mean.

  Llustrate what will happen to cost of premium coffee

Describe Illustrate what will happen in this market as it moves to a new equilibrium. If a hard freeze eliminates Brazil's premium coffee crop, illustrate what will happen to cost of premium coffee.

  Why should we want anything different

If we can get foreigners to give us real goods and services and talk them in to taking pieces of paper in return why should we want anything different?" Do you agree or disagree with this statement?

  A basic theory of underlying macroeconomic behavior

A basic theory of underlying macroeconomic behavior and therefore useful for making policy predictions. Briefly explain.

  Which of the policies is-are fiscal

Explain your policy combination in details (This is an open ended question) - Which of the policies is/are a monetary? - Which of the policies is/are fiscal? - What are the differences between monetary policies and fiscal policies?

  Produces and distributes electricity has mostly fixed costs

A firm that produces and distributes electricity has mostly fixed costs. It also tends to be the only provider of electricity in its market. This is an example of pure monopoly resulting from the firm:

  Winning market share may come at too great a financial cost

"In a recent 'earnings call,' a teleconference call to shareholders in which the CEO reports and discusses quarterly earnings per share, Coca-Cola's CEO Muhtar Kent bragged about 'winning' market share from rival beverage company PepsiCo. The WSJ rai..

  Explain how would one determine the opportunity cost

President Bill Clinton assigned his wife the task of developing a national health insurance plan to increase the availability of medical care for the poor. Explain how would one determine the opportunity cost of the proposal.

  Discuss balance of fixed and variable costs for organization

Discuss balance of fixed and variable costs for organization. Explain how has Internet changed this balance for organizations.

  How does your compare to an economy

How does your answer compare to an economy in which the total amount of the loan is deposited in the banking system and the public does not hold any of the loans in currency?

  Effective check on government action

Explain whether or not you believe modern media is an effective check on government action.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd