Description
Book Synopsisaeo This textbook is based on a course taught jointly by an economist and a mathematician making it a balanced and comprehensive introduction to mathematics in economics. aeo Mathematical techniques are always presented in the context of the economics problems they are used to solve.
Trade Review"I wish Adam Ostaszewski good luck with this book. May it enjoy the success it deserves."
Ken Binmore, University of Michigan "I believe Mathematics in Economics to be an excellent book, which is much needed in first year UK degree programmes. Its coverage of syllabus is better than its rivals and its treatment of the economics and the mathematics indicates that considerable rigour is needed to do things properly." Martin Cripps, University of Warwick
"In this book the build-up in confidence is done gradually by means of carefully chosen examples."
"Throughout the book the approach to mathematics is rigorous, and excellent use is made of graphs and other figures."
"A valuable guide to the ways in which mathematics provides a basis for modern economics." Tony Whitford
Table of ContentsPart I:.
1. Sets and Numbers.
2. Matrices and Vectors.
3. Modelling Consumer Choice.
4. Discrete Variables.
5. Functions.
6. Equilibrium.
7. Eigenvalues and Eigenvectors.
Part II:.
1. Limits and Their Uses.
2. Continuity and Its Uses.
3. Uses of the Derivative.
4. Continuous Compounding and Exponential Growth.
5. Partial Differentiation.
6. The Gradient.
7. Taylor's Theorem - An Approximation Tool.
8. Optimisation in Two Variables.
9. Economic Dynamics: Differential Equations.
