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Model of supply and demand - Printable Version +- Python Forum (https://python-forum.io) +-- Forum: Python Coding (https://python-forum.io/forum-7.html) +--- Forum: General Coding Help (https://python-forum.io/forum-8.html) +--- Thread: Model of supply and demand (/thread-35561.html) |
Model of supply and demand - maeva - Nov-17-2021 Hello, can you help me figure out what is the problem in this code? In a model of supply and demand, the supply is: Qs = P**a + P + 1 And the demand is: Qd = 1/(0.5*P**2 + P) I want to draw a sample of 1000 values for a assuming that a is a random variable which is uniformly distributed within interval [0.2,2.0]. Then I want to solve the equilibrium price for each by numerically finding the root of the excess demand function. This is my code: import numpy as np a= np.linspace(0.2,2.0, num=1000) z = 0.5 excess_demand = lambda W: 1/(z*P**2 +P) - (P**(a) +P + 1) W, res = optimize.brentq(excess_demand, 1e-8, 1000.0, full_output=True) assert res.converged == True print(res) print(W)It appears to me an error? Can you tell me why? This is the output:
RE: Model of supply and demand - jefsummers - Nov-17-2021 Line 6 is indented. No need for the indentation, so it says unexpected indent RE: Model of supply and demand - maeva - Nov-17-2021 And so what should I do? RE: Model of supply and demand - ibreeden - Nov-18-2021 (Nov-17-2021, 06:54 PM)maeva Wrote: And so what should I do?Read this. Especially the part about indentation. RE: Model of supply and demand - maeva - Nov-18-2021 (Nov-18-2021, 08:50 AM)ibreeden Wrote:(Nov-17-2021, 06:54 PM)maeva Wrote: And so what should I do?Read this. Especially the part about indentation. Thank you! I wrote this code: from scipy import optimize import numpy as np def main(): a= np.linspace(0.2,2.0, num=1000) z = 0.5 excess_demand = lambda W: 1/(z*P**2 +P) - (P**(a) +P + 1) W, res = optimize.brentq(excess_demand, 1e-8, 1000.0, full_output=True) assert res.converged == True print(res) print(W)Now the problem is that P is undefined name (pyflakes E). I don't know how to solve it. Do you have any suggestions? |