Octave for Economists
Octave is an open-source and free software that is comparable to MATLAB. Since MATLAB is a powerful software for numerical analysis but it costs more than USD 1,000 for the base and USD 100 for each add-on package. Hence, Octave as a free version of MATLAB has gained tremendous attraction from the academics. This is because its price and freedom to the learning and research. Here are some useful on-line information about Octave.
- Econometrics with Octave by Dirk Eddelbuettel in Journal of Applied Econometrics
- Octave, a free Matlab clone, and a bit more (html) by Mac Research