ABSTRACT

One of the fundamental economic problems is one of making the best use of limited resources. As a result, mathematical optimisation methods play a crucial role in economic theory. Covering the use of such methods in applied and policy contexts, this book deals not only with the main techniques (linear programming, nonlinear optimisation and dynamic programming), but also emphasizes the art of model-building and discusses fields such as optimisation over time.

chapter |7 pages

Introduction

chapter 1|13 pages

The Formulation of Linear Models

chapter 2|8 pages

Solving Linear Models

chapter 3|12 pages

Duality

chapter 4|15 pages

More Linear Models

chapter 6|19 pages

Optimisation over Time

chapter 7|26 pages

Non-Linear Constrained Optimisation

chapter 8|19 pages

Non-Linear and Integer Programming

chapter 9|12 pages

Dynamic Programming

chapter 10|25 pages

Some Further Economic Applications