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Hongshun Su

Work place: Mathematics & Information Science College, Hebei Normal University, Shijiazhuang, 050016, China

E-mail: suhosh0@163.com

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Study on Effect Theory of Price Changes with MathCAD

By Hongshun Su

DOI: https://doi.org/10.5815/ijeme.2012.07.02, Pub. Date: 29 Jul. 2012

By the computation and plotting of MathCAD, the effect theory of pricing changes is further studied, and an important conclusion is proved: Hicks demand curve and Slutsky demand curve move with the initial price changes, whereas Marshall demand curve remains invariably. This result enriches the effect theory of price changes. Moreover, MathCAD offers an auxiliary tool for practical researches, and realizes the perfect integration of economy, mathematics and computer science.

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