This book about mathematics and methodology for economics is the result of the lifelong experience of the authors. It is written for university students as well as for students of applied sciences. This self-contained book does not assume any previous knowledge of high school mathematics and...

An Overview of RBC models -- Dynare Foundations: solving and simulating DSGE models -- RBC model with analytical solution -- RBC model with constant labor -- RBC model with variable labor -- RBC model with shock to investment and variable use of capital -- Small Open Economy RBC -- Dynamic...

1. Modeling -- 2. Sensitivity Analysis -- 3. Indexed Sensitivity Analysis -- 4. Scenario Analysis -- 5. Simulation Analysis -- 6. Customized Input Distributions -- 7. Decision Analysis – Expected Value Maximization -- 8. Decision Analysis – Advanced Topic -- 9. Optimization: Decisions With...