Items related to Mathematics In Economics Ise: Models and Methods
Synopsis
This guide covers the mathematical apparatus that underlies so much of modern economics. The approach to mathematics is rigorous and the mathematical techniques are presented in the context of the economics problems they are used to solve. Students can therefore gain insight into, and familiarity with, the mathematical models and methods involved in the transition from "phenomenon" to quantitative statement. Topics covered include: sets and numbers; matrices and vectors; modelling consumer choice; discrete variables; functions; equilibrium; eigenvalues and eigenvectors; limits and their uses; continuity and its uses; partial differentiation; the gradient; Taylor's theorem - an approximation tool; economic dynamics - differential equations. Each chapter ends with exercises designed to help students understand and practice the techniques they have learnt. The author has provided solutions to selected problems, so that the book functions as an effective teaching tool on introductory courses in mathematics for economics, quantitative methods and for mathematicians taking a first course in economics.
Mathematics in Economics has been developed from a course taught jointly by Ken Binmore and Adam Ostaszewski."synopsis" may belong to another edition of this title.
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