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Mathematics in Economics: Models and Methods Paperback – 10 Sep 1993


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Review

"I wish Adam Ostaszewski good luck with this book. May it enjoy thesuccess it deserves." Ken Binmore, University of Michigan

"I believe Mathematics in Economics to be an excellentbook, which is much needed in first year UK degree programmes. Itscoverage of syllabus is better than its rivals and its treatment ofthe economics and the mathematics indicates that considerablerigour is needed to do things properly." Martin Cripps,University of Warwick

"In this book the build–up in confidence is done gradually bymeans 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 abasis for modern economics." Tony Whitford

From the Back Cover

Mathematics in Economics is a valuable guide to themathematical apparatus that underlies so much of modern economics.The approach to mathematics is rigorous and the mathematicaltechniques are always presented in the context of the economicsproblem they are used to solve. Students can therefore gain insightinto, and familiarity with, the mathematical models and methodsinvolved in the transition from "phenomenon" to quantitativestatement.

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 studentsunderstand and practice the techniques they have learnt. The authorhas provided solutions to selected problems so that the book willfunction as an effective teaching tool on introductory courses inmathematics for economics, quantitative methods and formathematicians taking a first course in economics. Mathematicsin Economics has been developed from a course taught jointly byKen Binmore (Professor of Economics) and Adam Ostaszewski (SeniorLecturer in Mathematics).

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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