Applied Microeconomic Analysis: STATA And Solving Problems

Download or read book Applied Microeconomic Analysis: STATA And Solving Problems written by Alexander Shemetev and published by Alexander A Shemetev. This book was released on 2020-12-28 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book can be divided into two parts. The first part is about using stata for the applied microeconomic analysis. We will estimate the local beer market in one of the metropolitan areas of the United States of America. The coding, plotting charts, and some derivations are included in this part. The second part is about the solution to the simple problems in microeconomics (please, see the table of content at the end of this book). Simple tasks are devoted to derivations, writing the first-order conditions, optimization problems, and finding the proper solution. I also put there my theorem on how to solve the social planner problem with the use of the matrices and the Cramer's rule. Although both the solution of this problem and the Cramer's rule is not a new thing, the application of the Cramer's rule for solving the problem of distribution in a social planner problem is a new thing. Although those problems are quite simple, they're not trivial. So I hope you will find this book useful.