Package for numerical economics
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NumEcon: Numerical Economics in Python

A code library with numerical models for undergraduate and master students of economics. The goal of NumEcon is to provide tools for solving canonical models in microeconomics and macroeconomics (and a bit of econometrics). This e.g. includes the consumer problem and Edgeworth and Koopman economies in micro, and the Ramsey and OLG models in macro.

The library is still early in its development, contributions are very welcome!

New to Python? Thy out this online course, Introduction to programming and numerical analysis.

Jupyter Notebooks showing the NumEcon library is availible in NumEconNotebooks Binder


NumEcon can be installed through pip:

pip install numecon


The consumer problem

The Edgeworth box

The Koopman diagram

The Ramsey model

The OLG model