MATLAB (full form MATrix LABoratory) is a software which is developed for graphics and numerical computations. Its use is in all areas of applied mathematics. Therefore, it is used for solving linear and algebraic equations, numerical integrations and related problems. It was built in 1970 by Cleve Moler. It was first used by practitioners and researchers in the field of control engineering. It consists of graphical tools that can produce pictures or images with 2D and 3D effects. MATLAB is also known as a programming language. It does not produce exact solutions but produces approximate solutions. MATLAB can be used by students from different education backgrounds like mathematics, economics, science and engineering. One of the major disadvantages of using MATLAB is that it uses a lot of memory and may run slow on computers and makes real-time applications very complex. MATLAB is not only in used programming language but also includes programming environment.
Economics is one of the basic subjects included in the education system worldwide. Its understanding is considered essential for students. We have economics experts with our team who have expertise in this subject, who have studied and taught economics in detail. Our writers are adequately trained and know the best possible ways to solve student’s problems in this subject. We not only take projects on understanding microeconomics as a whole topic, but also its sub topics like Supply & Demand, Factors affecting demand and supply in a market, Market equilibrium, The demand and supply curve, Marginal analysis, Quantity and price controls, Theories of choices of consumers and profit maximization, Elasticity of price/demand/supply/income/substitution of products and how it affects the market, opportunity cost, various microeconomics theories like theories of production/consumer demand and its decisions. There are various forms of competition in microeconomics study, which is one of the most frequently asked question in economics homework. Topics like perfect competition, monopoly and oligopoly, are also dealt in details in our projects. Microeconomics is not only limited to the product market, but also includes labor and welfare economics. All the topics mentioned above, are written by professional experts in the field of microeconomics.
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