## ▷Mathematical Economics using the TiNSpire CX

You can now use the Mathematical Economics Made Easy app at https://www.tinspireapps.com/?a=MEME   to get step by step solutions to topics such as :

• Terms and Definitions of Economics

• Definition of Economics
• The 3 Questions
• Ration Assumption
• Ceteris Paribus
• Factors of Production
• Opportunity Cost
• Productivity
• Production Possibilities Curve
• Demand
• Supply
• Demand & Supply
• Consumer & Production Surplus
• Unemployment
• Real vs Nominal GDP

• Computational Economics

• Marginal Profit
• Marginal Revenue
• Break Even Point R=C
• Demand Analysis
• Economic Order Qty
• Continuous Income Stream
• Price Elasticity
• Find Equilibrium of Supply & Demand
• Consumer Surplus
• Producer Surplus
• Cobb-Douglas Prod.
• Gini Coefficient
• Future Value & Compound Interest
• Effective Interest Rate
• Differentials
• Logistic Differential Equation
• Simplex Algorithm
• Fiscal Multiplier
• Average Tax Rate
• Marginal Tax Rate
• Price Index
• Real GDP – Expenditure Approach
• Real GDP – Income Approach
• GDP Deflator: Nominal GDP -> Real GDP
• Compute any Rate [%] : Labor
• Nominal & Real Interest Rate
• Unemployment Rate

• Algebra & Complex Numbers

• Solve any Equation or Inequality
• Solve 2×2 system – Step by Step
• READ: PEMDAS – Order of Operation
• Simplify & Evaluate
• Find Partial Fractions
• Solve Proportion (Ratio) Problems
• Find Slope
• Find y=mx+b
• Find Parallel and Perpendicular Lines
• One Complex Number : All-in-one-Explorer
• Two Complex Numbers : All-in-one-Explorer

• Exponents & Logarithms

• Solve Money/Exponential Growth Problems
• Evaluate Logarithms
• Logarithm Solver
• Explicit Sequence & Partial Sum
• Recursive Sequence & Partial Sum
• Sequence Formula Finder
• Geometric Sequence & Series
• Arithmetic Sequence
• Sigma S-Notation

• Vectors & Matrices

• 2D: Vector Length
• 3D: Unit Vector
• All in one Matrix A Explorer
• Two Matrices: A+B
• Find the Inverse of A
• Find the Determinant of A
• Row Echolon(A)
• Reverse Row Echolon(A) – STEPS
• EigenValues – STEPS
• EigenVectors – STEPS
• Solve System of Equations A*X=B
• Cramer Rule to solve A*X=B

• Calculus & Numerics

• Newton Method
• Bisection Method
• Compute 1- and 2-sided Limits: lim x->c f(x)
• L’Hopital Rule
• Find f'(x)=lim [f(x+h)-f(x)]/h as h->oo
• Derivatives and Tangentline
• Critical Points
• Points of Inflection & Concavity
• Antiderivatives & Integrals
• Definite Integral (Netarea) f(x)dx over [a,.b]
• APPS: VOLUME – Disk Method about x-axis
• Area Approx. RAMS
• Limits: lim (x,y) as (x,y)->(xo,yo)
• Total Differential: x*dx+y*dy
• Chain Rule
• Hessian Matrix
• Lagrange Multiplier with 1 or 2 constraints
• Relative Extrema of f(x,y)
• Multiple Integrals

Differential & Difference Equations

• Solve any 1. order D.E.
• M(x,y)dx+N(x,y)dy=0
• Separation of Variables
• Linear in y Differential Equation
• Newtons Law of Cooling / Heating
• Euler Method given n=Number of Pts.
• Solve any 2. Order D.E.
• Homogeneous Differential Equation
• Non-Homogeneous Differential Equation
• System of Differential Equations
• Solve 1. Order Difference Equation
• Solve 2. Order Difference Equation
Posted on Categories economics, mathematical economics

## VIDEO : Engineering Economics Software using the TI-Nspire CX – Step by Step Solutions

Posted on Categories economics, engineering

## Engineering Economics app now available for the TI-Nspire CX – Step by Step Solutions

Engineering Economics has become very easy now when using the new TiNspire CX app

FUNCTIONALITY & MENU ITEMS OF THIS APP :

• Future Value & Compound Interest
• Effective Interest Rate
• Nominal Interest Rate
• Compute Inflation Rate
• Investment Worth after Inflation
• Investment Worth after Inflation & Tax
• Depreciation : Straight Line Method
• Depreciation : Sum of Years Digits
• Depreciation : Reducing Balance Method
• Income Tax Calculation
• Compute any Rate [%] by Definition
• Present Value of Perpetuity
• Simple Interest I=P*r*t
• Compounded Interest: A=P*(1+r)^t
• Compounded Interest=P*(1+r)^t-P
• Compounded Continuously A=P*e^(r*t)
Cash Flow / Capital Investment

• Geometric Gradient of Payments (P/A)
• Equal Payment: Present Worth (P/A)
• Equal Paym: Capital Recovery (A/P)
• Equal Paym: Sinking Fund (A/F)
• Equal Paym: Compound Amount (F/A)
• Arithmetic Gradient to Uniform Series (A/G)
• Arithmetic Gradient Present Worth (P/G)
• Single Payment Compounded: (F/P)
• Single Payment Present Worth: (P/F)
• Solve for V: A=B*v+C
• Equivalent Annual Cost EAC
• Equivalent Annual Cost EAC + Cost
• V1+V2*(A/P)+V3*(A/F,i,n)+V4*(A/G,i,n)
• V1+V2*(P/A)+V3*(P/G,i,n)+V4*(P/F,i,n)
Economical Calculations 1

• Marginal Profit
• Marginal Revenue
• Break Even Point R=C
• Demand Analysis
• Economic Order Qty
• Continuous Income Stream
• Price Elasticity
• Find Equilibrium of Supply & Demand
• Consumer Surplus
• Producer Surplus
• Consumer & Production Surplus
• Real vs Nominal GDP
• Cobb-Douglas Prod.
• Gini Coefficient
• Differentials
• Logistic Differential Equation
• Simplex Algorithm
• Average Tax Rate
• Marginal Tax Rate
• Price Index
• Real GDP – Expenditure Approach
• Real GDP – Income Approach
• GDP Deflator: Nominal GDP -> Real GDP
• Compute any Rate [%] : Labor
• Nominal & Real Interest Rate
• Unemployment Rate
• Solve any Equation
• Solve using the Rule 72
• Solve Money/Exponential Growth Problems
• Geometric Sequence & Series
• Sigma S-Notation
Posted on Categories economics, engineering

## Step by Step Economics app now available for the TI-Nspire CX CAS

Most Comprehensive Economics APP for the TiNspire:

Contains Micro- & Macro Economics

Compute Economical Data

• Definition of Economics
• The 3 Questions
• Ration Assumption
• Ceteris Paribus
• Factors of Production
• Opportunity Cost
• Productivity
• Production Possibilities Curve
• Demand
• Supply
• Demand & Supply
• Consumer & Production Surplus
• Unemployment
• Real vs Nominal GDP
Computational Economics

• Marginal Profit
• Marginal Revenue
• Break Even Point R=C
• Demand Analysis
• Economic Order Qty
• Continuous Income Stream
• Price Elasticity
• Find Equilibrium of Supply & Demand
• Consumer Surplus
• Producer Surplus
• Cobb-Douglas Prod.
• Gini Coefficient
• Future Value & Compound Interest
• Effective Interest Rate
• Differentials
• Logistic Differential Equation
• Simplex Algorithm
• Fiscal Multiplier
• Average Tax Rate
• Marginal Tax Rate
• Price Index
• Real GDP – Expenditure Approach
• Real GDP – Income Approach
• GDP Deflator: Nominal GDP -> Real GDP
• Compute any Rate [%] : Labor
• Nominal & Real Interest Rate
• Unemployment Rate
Microeconomics

• Utility Theory
• Consumer Optimum
• Elasticity
• Types of Firms
• Profit
• Product Curves
• Cost Curves
• Perfect Competition
• Monopoly
• Monopolistic Competition
• Oligopoly
• Factor Market
• Labor Unions
• Monopsony
Macroeconomics

• What is Macroeconomics
• Macroeconomics Goals
• Factors that influence Economic Growth
• GNP
• Output/Input Method
• Terms & Definitions
• More Terms & Definitions
• History & Keynes’ Theory
Passive Economic Models

• Classical: Sey’s Law
• Classical: Assumptions
• Classical: Aggregate Supply
• Classical: Aggregate Demand
• Classical: Philosophy
• Classical: Secular Deflation
• New Classic: Intro
• Ricardian Theorem
• Rational Expectation
• Policy Irrelevance
• Supply Side: Intro
• Supply Side: Laffer Curve
• Monetarist: Exchange Equation
• Monetarist: Monetary Rule
Active Economic Models

• Keynsian: Assumptions
• Keynsian: SRAS
• Keynsian: Consumption Curve
• Keynsian: Fiscal Multiplier
• Keynsian: Fiscal Policy
• Keynsian: Offsets to Policy
• New Keynsian: Federal Reserve
• New Keynsian: Fractional Banking
• New Keynsian: Money Multiplier
• New Keynsian: Money Demand & Supply
• New Keynsian: Monetary Policy
• New Keynsian: Phillips Curve

More Details: http://www.tinspireapps.com/?a=EME

Posted on Categories economics

## Video: Economics with the TI-Nspire CX CAS Application

Watch the app in action.

More Details at : http://www.tinspireapps.com/?a=EME

Posted on Categories economicsTags