Examples using the Comparative Statics Wizard

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Once the Comparative Statics Wizard add-in (CSWiz.xla) is installed, you can explore the examples below to see how the CS Wiz can be put to work. The Comparative Statics Wizard is extremely flexible -- any problem solved by Excel's Solver can be run through the Wizard to get comparative statics analyses. If you come up with an interesting example of your own, let me know and we can make it available on this site.

Unconstrained Optimization
Profit Maximization

The Lifeguard Problem

Baumol-Tobin Cash Management Model

Constrained Optimization
Deriving a Demand Curve

Intertemporal Choice Problem (Lucas-Rapping Intertemporal Labor Substitution Model)

Contact the Author

Humberto Barreto

Department of Economics

Wabash College

Crawfordsville, IN 47933


Email: barretoh@wabash.edu

Phone: 765.361.6315

FAX: 765.361.6277


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