Study on Effect Theory of Price Changes with MathCAD

Автор: Hongshun Su

Журнал: International Journal of Education and Management Engineering(IJEME) @ijeme

Статья в выпуске: 7 vol.2, 2012 года.

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By the computation and plotting of MathCAD, the effect theory of pricing changes is further studied, and an important conclusion is proved: Hicks demand curve and Slutsky demand curve move with the initial price changes, whereas Marshall demand curve remains invariably. This result enriches the effect theory of price changes. Moreover, MathCAD offers an auxiliary tool for practical researches, and realizes the perfect integration of economy, mathematics and computer science.

Economics, Effect of Price Changes, Demand Curves, MathCAD

Короткий адрес: https://sciup.org/15013718

IDR: 15013718

Список литературы Study on Effect Theory of Price Changes with MathCAD

  • Walter Nicholson, Christopher M Snyder, Microeconomic Theory-Basic Principles and Extensions, tenth edition, Mason, OH: South-Western/Thomson, 2008.
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  • Hongshun Su, "Carry on the Effect Analysis of the Price of Hicks and Slutsky with MathCAD 2001 (ONE)", Mathematics in Practice and Theory, 2005, 35(1), 48-52.
  • Hongshun Su, "Carry on the Effect Analysis of the Price of Hicks and Slutsky with MathCAD 2001 (TWO)", Mathematics in Practice and Theory, 2005, 35(2), 26-31.
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