I'm completely new to Amazon EC2. I have read the website documentation but I'm still confused.
At the moment I'm estimating my model using Matlab-r2014b. In my Matlab code I use parallel computing ("parfor") on the local cluster. I run my model through the HPC of my University which allows me to access 1 node with 40GB of memory and 12 cores.
My questions are the following:
(1) Does Amazon EC2 offer a machine with more than 40GB of memory and 12 cores where I can run my Matlab code?
(2) Prices and instructions?