The craft of economic modeling by Clopper Almon

Cover of: The craft of economic modeling | Clopper Almon

Published by Ginn Press .

Written in English

Read online


  • Econometric models,
  • Econometrics,
  • Economics,
  • Mathematical models,
  • United States

Book details

The Physical Object
FormatUnknown Binding
Number of Pages335
ID Numbers
Open LibraryOL9391884M
ISBN 100536572178
ISBN 109780536572172

Download The craft of economic modeling

The world. The principal example in the first two parts of the book is a macroeconomic model of the USA. The title, The Craft of Economic Modeling, emphasizes that the book does not stop with the theory or even with a few examples.

Rather, it leads the reader directly into practice, for it isFile Size: 1MB. The Craft of Economic Modeling. Clopper Almon, Jr. Third - Enlarged Edition, July The Craft of Economic Modeling - Volumes 1, 2, & 3; AMI - Download the small macroeconomic model that is described in Volume 1 of The Craft.

This is a book about how to build models of a business, an industry, or the whole economy. This book is a practical guide to building economic models, both macroeconomic and multisectoral.

It uses free software available from the Internet together with regularly updated databanks including the quarterly national accounts of the United by: Kindly bear in mind: As the author mentions at the very beginning, it is not a text book. Anyone starting out on a journey of Game Theory in Macro-economic and Micro-economic modeling would do well, if he/she would read this work and then move on to a Cited by: Clopper Almon, Professor, received his PhD from Harvard University in He taught at Harvard untilwhen he joined the faculty at Maryland.

His major research interests have been in multisectoral macroeconomic modeling. In he founded INFORUM and was its director until retirement in He served on the Executive Committee of NBER's.

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In this book, the authors cover spreadsheet engineering, management science, and the modeling craft. The briefness. Third, your ideas need time to incubate, so you want to start modeling as early as possible.

When you read what others have done their ideas can interact with yours and, hopefully, produce something new and interesting. Building your model So let’s skip the literature part for now and try to get to the modeling.

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The AMI Model. AMI, the Accelerator-Multiplier Interaction model, is a small quarterly economic structural model of the US model is well documented in Chapter 1 of Clopper Almon's The Craft of Economic Modeling and has been used for many years as a tool to teach economics students at the University of Maryland and around the world.

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