Mathematics Modeling Mathematics & Economics Book Review (Book Review Sample)
The second source is from a youtube video below this instruction.
Read Vogt, P. (2009). Modeling interactions between language evolution and demography. Human Biology, 81(3), 237-246, up to 'Some case studies'.
Write a brief essay (500 ± 50 words) that summarises the article and critically evaluates the article’s main contribution. By critically evaluating a contribution, you are expected to answer questions such as: What is the main contribution? Is it a scientifically motivated contribution? Is the contribution controversial (i.e. can you think of other explanations)? Etcetera.
Inside the essay, you should answer the following specific questions (mark the essence of your answers in boldface):
-What are the advantages of AM, ABAM, and ABCM?
-What is the main disadvantage of an ABCM?
-What type of model is the basic SIR model (see https://www.youtube.com/watch?v=Qrp40ck3WpI)
Analytical Modeling
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Advantages of AM, ABAM, and ABCM
The evolution of human languages is a matter that puzzles the scientific community. Multiple analytical models have been developed to help in attaining diverse goals in human behaviors. The modern management accounting systems have integrated new technologies and models to improve efficiency and accuracy. AM, ABAM, and ABCM analytical models are instrumental in enhancing efficiency and competitive advantage in organizations (Vogt, 2009). The systems offer valuable information for cost management functions in comparison to the conventional approaches. Companies that have huge data occasioned by product diversity, large overhead, and multiple products certainly benefit from utilizing the systems. The reliability of the cost system and information is important for the survival of an organization in the modern competitive environment.
ABAM and ABCM allow system managers and other executives to get credible and accurate information on the cost of items, processes, and distribution channels.
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