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Fundamental Methods of Mathematical Economics 3/e [Hardcover]

Alpha C. Chiang
5.0 out of 5 stars  See all reviews (6 customer reviews)

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Book Description

1 July 1984
The best-selling, best known text in Mathematical Economics course, Chiang teaches the basic mathematical methods indispensable for understanding current economic literature. the book's patient explanations are written in an informal, non-intimidating style. To underscore the relevance of mathematics to economics, the author allows the economist's analytical needs to motivate the study of related mathematical techniques; he then illustrates these techniques with appropriate economics models. Graphic illustrations often visually reinforce algebraic results. Many exercise problems serve as drills and help bolster student confidence. These major types of economic analysis are covered: statics, comparative statics, optimization problems, dynamics, and mathematical programming. These mathematical methods are introduced: matrix algebra, differential and integral calculus, differential equations, difference equations, and convex sets.
--This text refers to an out of print or unavailable edition of this title.

Product details

  • Hardcover: 785 pages
  • Publisher: McGraw-Hill Publishing Co.; 3Rev Ed edition (1 July 1984)
  • Language: English
  • ISBN-10: 0070662193
  • ISBN-13: 978-0070662193
  • Product Dimensions: 21.2 x 15.2 x 4.5 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Bestsellers Rank: 681,092 in Books (See Top 100 in Books)
  • See Complete Table of Contents

Product Description

Book Description

As in the previous edition, the purpose of this text is to introduce mathematical techniques to economics students. Through a complete integration of mathematics and economics along with a very patient exposition, the author attempts to maintain the emphasis on economics. Economic topics of equilibrium analysis, comparative-static analysis, economic dynamics and optimization are covered using mathematical techniques such as matrix algebra, differential equations, convex sets and mathematical programming in their solution. --This text refers to an out of print or unavailable edition of this title.

About the Author

Retired --This text refers to an out of print or unavailable edition of this title.

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First Sentence
Mathematical economics is not a distinct branch of economics in the sense that public finance or international trade is. Read the first page
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Most Helpful Customer Reviews
2 of 2 people found the following review helpful
5.0 out of 5 stars great to refresh my memory 30 Sep 2008
I purchased this book while I was doing the literature review for my PhD; it had been a few years since I had taken a calculus class, and I was coming across quite a few mathematical models in my review. This book was invaluable in refreshing my memory about calculus. The book was written very clearly and in a logical manner.
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16 of 20 people found the following review helpful
By A Customer
This is a really well written book which can be of value to students with a wide range of mathematical abilities and backgrounds. The basic mathematical tools required to study economics at a post graduate level are explained with the minimum of fuss, yet in a way which enables the reader to understand the intuition behind the manipulations. There are many useful diagrams and plenty of well thought out exercises.
If you are planning to study economics at a post graduate level and you don't have a first degree in mathematics then take the time to read this book before you start!
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4 of 5 people found the following review helpful
5.0 out of 5 stars excellent both for learning and review 2 Dec 1997
By A Customer
This book is an excellent introduction to the mathematics needed by economists. It covers all the background needed to begin in a typical economics Ph.D. program, and presents it understandably. I found that it is rigorous enough that I can apply what I have learned from it confidently. It uses total differentials where more advanced books might use vector calculus. This is a more intuitive approach, and better suited for an introduction. It includes some very good illustrations which clarify the concepts.
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