An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).

An Excel workbook called ISLMCS.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard short run macro model and then do comparative statics. The ...

This is a non-standard, but fun and interesting optimization problem. While standing on the shore, given top running and swimming speeds and the location of a struggling swimmer in x and y coordinates ...