Featuring topics from finance, linear algebra, linear programming and probability, this text emphasizes computational skills, ideas and problem solving. The use of graphing calculators is integrated in optional examples, and the book includes exercises related to technology, illustrations of applications of spreadsheets and sample computer code. Linear programming is tested thoroughly, including applications of simplex, dual, big M, and two-phase methods for utilizing slack, surplus and artificial variables.
This is true even of the less technical "applied" literature that students will be expected to read for courses in fields such as public finance, industrial organization, and labour economics, amongst several others.
This classic, newly-revised book presents fundamental mathematics in the context of business and consumer applications to help put readers on the path to success.
Skills, and career spotlights. Book jacket.