Repository logo
 
Publication

Bridging symbolic computation and economics: a dynamic and interactive tool to analyze the price elasticity of supply

2019Journal article Open access
Simple item page
dc.contributor.authorAndraz, Jorge
dc.contributor.authorCandeias, Renato
dc.contributor.authorConceição, Ana C.
dc.date.accessioned2020-02-12T09:29:54Z
dc.date.available2020-02-12T09:29:54Z
dc.date.issued2019
dc.description.abstractIt is not possible to achieve the objectives and skills of a program in economics, at the secondary and undergraduate levels, without resorting to graphic illustrations. In this way, the use of educational software has been increasingly recognized as a useful tool to promote students' motivation to deal with, and understand, new economic concepts. Current digital technology allows students to work with a large number and variety of graphics in an interactive way, complementing the theoretical results and the so often used paper and pencil calculations. The computer algebra system Mathematica is a very powerful software that allows the implementation of many interactive visual applications. Thanks to the symbolic and numerical capabilities of Mathematica, these applications allow the user to interact with the graphical and analytical information in real time. However, Mathematica is a commercially distributed application which makes it difficult for teachers and students to access. The main goal of this paper is to present a new dynamic and interactive tool, created with Mathematica and available in the Computable Document Format. This format allows anyone with a computer to use, at no cost, the PES(Linear)-Tool, even without an active Wolfram Mathematica license. The PES(Linear)-Tool can be used as an active learning tool to promote better student activity and engagement in the learning process, among students enrolled in socio-economic programs. This tool is very intuitive to use which makes it suitable for less experienced users.pt_PT
dc.description.sponsorshipFunding Agency Portuguese Foundation for Science and Technology UID/ECO/04007/2019pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.3390/mca24040087pt_PT
dc.identifier.issn1300-686X
dc.identifier.urihttp://hdl.handle.net/10400.1/13498
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectSymbolic computationpt_PT
dc.subjectDynamic and interactive toolpt_PT
dc.subjectSocio-economic sciencespt_PT
dc.subjectF-Tool conceptpt_PT
dc.subjectPES(Linear)-Toolpt_PT
dc.subjectWolfram Mathematicapt_PT
dc.subjectComputable document formatpt_PT
dc.titleBridging symbolic computation and economics: a dynamic and interactive tool to analyze the price elasticity of supplypt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.issue4pt_PT
oaire.citation.startPage87pt_PT
oaire.citation.titleMathematical and Computational Applicationspt_PT
oaire.citation.volume24pt_PT
person.familyNameAndraz
person.familyNameGuerra
person.givenNameJorge
person.givenNameAna
person.identifier.ciencia-idEC1D-CDFD-EB51
person.identifier.ciencia-id751D-F809-AB4D
person.identifier.orcid0000-0001-9209-3344
person.identifier.orcid0000-0001-7103-3588
person.identifier.ridB-5858-2009
person.identifier.ridD-9456-2013
person.identifier.scopus-author-id8566879600
person.identifier.scopus-author-id17345059500
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication18a100c0-998a-4879-a6db-86f067253a64
relation.isAuthorOfPublication7b904311-5ea0-4d96-b7b1-c3e05816817c
relation.isAuthorOfPublication.latestForDiscovery7b904311-5ea0-4d96-b7b1-c3e05816817c

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
mca-24-00087.pdf
Size:
1.56 MB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
3.46 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

FEC2-Artigos (em revistas ou actas indexadas)