9780201726268

Mathematical Methods for Economics

by
  • ISBN13:

    9780201726268

  • ISBN10:

    0201726262

  • Edition: 2nd
  • Format: Paperback
  • Copyright: 7/13/2001
  • Publisher: Pearson

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Supplemental Materials

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Summary

How does your level of education affect your lifetime earnings profile? Will economic development lead to increased environmental degradation? How does the participation of women in the labor force differ across countries? How do college scholarship rules affect savings? Students come to economics wanting answers to questions like these. While these questions span different disciplines within economics, the methods used to address them draw on a common set of mathematical tools and techniques. The second edition of Mathematical Methods for Economics continues the tradition of the first edition by successfully teaching these tools and techniques through presenting them in conjunction with interesting and engaging economic applications. In fact, each of the questions posed above is the subject of an application in Mathematical Methods for Economics. The applications in the text provide students with an understanding of the use of mathematics in economics, an understanding that is difficult for students to grasp without numerous explicit examples. The applications also motivate the study of the material, develop mathematical comprehension and hone economic intuition. Mathematical Methods for Economics presents you with an opportunity to offer each economics major a resource that will enhance his or her education by providing tools that will open doors to understanding.

Table of Contents

Part One: Introduction
The Mathematical Framework of Economic Analysis
3(8)
An Introduction to Functions
11(34)
Exponential and Logarithmic Functions
45(28)
Part Two: Matrix Algebra 73(70)
Systems of Equations and Matrix Algebra
75(40)
Further Topics in Matrix Algebra
115(28)
Part Three: Differential Calculus 143(112)
An Introduction to Differential Calculus
145(28)
Univariate Calculus
173(38)
Multivariate Calculus
211(44)
Part Four: Optimization 255(106)
Extreme Values of Univariate Functions
257(30)
Extreme Values of Multivariate Functions
287(30)
Constrained Optimization
317(44)
Part Five: Integration and Dynamic Analysis 361(128)
Integral Calculus
363(44)
Difference Equations
407(44)
Differential Equations
451(38)
Dynamic Optimization
489

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