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argmax · 07-03-2008, 01:38 AM

I am finishing a macroeconomics course that I really liked. In the process we learned Matlab in order to solve some of the models we studied. I was really interested in this and i would like to learn a programming language and I start wondering, Is Matlab the only software used nowadays in macroeconomics?
Which languague would be useful to learn if I'm interested in macroeconomics?
Thanks in advance

jeeves0923 · 07-03-2008, 02:01 AM

matlab is probably the most common. I'm a little biased towards Mathematica. It is a little bit more sophisticated and high-power than matlab, and it does some things that matlab simply doesn't do.

I know there are still people who use a lot of fortran and gauss, but it's fading.

sonicskat · 07-03-2008, 03:50 AM

Fortran, which is very close to C++ is common among those that do OLG models. The jump from matlab to fortran wouldn't be too tough, I went the harder route and learned fortran first. Unless you are doing some heavy computing, I would imagine that matlab could be your bread and butter.

07-03-2008, 01:38 AM	#1 (permalink)
argmax Eager! Join Date: Jun 2008 Posts: 39	Programming languages in economics I am finishing a macroeconomics course that I really liked. In the process we learned Matlab in order to solve some of the models we studied. I was really interested in this and i would like to learn a programming language and I start wondering, Is Matlab the only software used nowadays in macroeconomics? Which languague would be useful to learn if I'm interested in macroeconomics? Thanks in advance

07-03-2008, 03:50 AM	#3 (permalink)
sonicskat Within my grasp! Join Date: Jan 2007 Posts: 256	Fortran, which is very close to C++ is common among those that do OLG models. The jump from matlab to fortran wouldn't be too tough, I went the harder route and learned fortran first. Unless you are doing some heavy computing, I would imagine that matlab could be your bread and butter. _ _ _ _ SIG _ _ _ _ UVA-- A first year, no longer

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07-03-2008, 02:01 AM	#2 (permalink)
jeeves0923 Within my grasp! Join Date: Mar 2008 Posts: 372	matlab is probably the most common. I'm a little biased towards Mathematica. It is a little bit more sophisticated and high-power than matlab, and it does some things that matlab simply doesn't do. I know there are still people who use a lot of fortran and gauss, but it's fading.

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