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Computational economics
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{{Short description|Interdisciplinary research discipline}} {{Economics sidebar}} '''Computational economics''' is an interdisciplinary research discipline that combines methods in [[computational science]] and [[economics]] to solve complex economic problems.<ref name="compecon23">''Computational Economics''. "[https://www.springer.com/economics/economic+theory/journal/10614 "About This Journal"] and [https://www.springer.com/economics/economic+theory/journal/10614?changeHeader "Aims and Scope]."</ref> This subject encompasses [[computational modeling]] of [[economic systems]]. Some of these areas are unique, while others established areas of economics by allowing robust data analytics and solutions of problems that would be arduous to research without computers and associated [[numerical methods]].<ref name=":17">β’ Hans M. Amman, David A. Kendrick, and John Rust, ed., 1996. ''Handbook of Computational Economics'', v. 1, Elsevier. [http://www.elsevier.com/wps/find/bookdescription.cws_home/601141/description#description Description] {{Webarchive|url=https://web.archive.org/web/20110715115838/http://www.elsevier.com/wps/find/bookdescription.cws_home/601141/description#description|date=2011-07-15}} & chapter-preview [http://www.sciencedirect.com/science?_ob=PublicationURL&_hubEid=1-s2.0-S1574002196X0100X&_cid=273377&_pubType=HS&_auth=y&_acct=C000228598&_version=1&_urlVersion=0&_userid=10&md5=5c01eea1053bbec507ddeee3c8e8a68e links.] {{Webarchive|url=https://web.archive.org/web/20200406090611/https://www.sciencedirect.com/science?_ob=PublicationURL&_hubEid=1-s2.0-S1574002196X0100X&_cid=273377&_pubType=HS&_auth=y&_acct=C000228598&_version=1&_urlVersion=0&_userid=10&md5=5c01eea1053bbec507ddeee3c8e8a68e|date=2020-04-06}} β’ [[Kenneth L. Judd]], 1998. ''Numerical Methods in Economics'', MIT Press. Links to [http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=3257 description] {{Webarchive|url=https://web.archive.org/web/20120211061602/http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=3257|date=2012-02-11}} and [https://books.google.com/books?id=9Wxk_z9HskAC&pg=PR7 chapter previews].</ref> Computational methods have been applied in various fields of economics research, including but not limiting to:Β [[Econometrics|Β ]] [[Econometrics]]: Non-parametric approaches, semi-parametric approaches, and [[machine learning]]. Dynamic systems modeling: Optimization, [[Dynamic stochastic general equilibrium|dynamic stochastic general equilibrium modeling]], and [[Agent-based computational economics|agent-based modeling]].<ref name="Page200824">Scott E. Page, 2008. "agent-based models," ''[[The New Palgrave Dictionary of Economics]]'', 2nd Edition. [http://www.dictionaryofeconomics.com/article?id=pde2008_A000218&edition=current&q=agent-based%20computational%20modeling&topicid=&result_number=1 Abstract].</ref>
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