Kurt Jechlitschka – Microenonomics Using Excel

About Course

Description

Using Microsoft Excel, the market leading spreadsheet package, this book combines theory with modelling aspects and spreadsheet analysis. Microeconomics Using Excel provides students with the tools with which to better understand microeconomic analysis. Also

It focuses on solving microeconomic problems by integrating economic theory, policy analysis and spreadsheet modelling. This unique approach facilitates a more comprehensive understanding of the link between theory and problem solving. Also

It is divided into four core parts:

• analysis of price policies
• analysis of structural policies
• multi-market models
• budget policy and priority settings. Also

The theory behind each problem is explained and each model is solved using excel. Each model is also available online and can be used as a prototype for analysis and specific needs. Also

Microeconomics using Excel will be of great interest to students studying economics as well as to professionals in economic and policy analysis. Also

Publisher’s Note

The publisher has gone to great lengths to ensure the quality of this book but regrets to inform the customer that previously available online resources are no longer available with this title. Also

In economics, theory and application generally go well together. However, as teachers note, there is often a need for attention to applied economics in order to improve students’ understanding of economic theory. Teaching theory alone is not always so fruitful.

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In politics, on the other hand, the economy is often at the centre of attention, use simply to strengthen arguments but not always on a sound basis. In both these cases, simple economic models are useful in showing trade-offs and synergies. Tools for working out economic theories often require complex programming or programs, or are simply wrong, like using a wrench as a hammer. And yet, many theories in economics can often worke out by using simple spreadsheets and a tool for iterative optimisation.