Quantitative Methods for Business and Economics
- ISBN-10
- 0765604582
- ISBN-13
- 9780765604583
- Series
- Quantitative Methods for Business and Economics
- Category
- Business & Economics
- Pages
- 377
- Language
- English
- Published
- 2000
- Publisher
- M E Sharpe Incorporated
- Author
- Adil Hasan Mouhammed
Description
This book provides a brief yet rigorous introduction to various quantitative methods used in economic decision making. It has no prerequisites other than high school algebra. The book begins with matrix algebra and calculus, which are then used in the book's core models: Input-Output, Linear Programming, Inventory Control, Game Theory, Markov Chains, and Regression Analysis. In short, the work provides readers with basic models that they can utilize in solving real world problems. The book is unique because it covers linear algebra (matrix theory) and calculus along with other important models. Once the reader grasps matrix theory and calculus, the quantitative models can be understood easily, and for each model there are many solved examples related to business and economic applications. All of these features serve to make this a highly useful text for students and academics alike.
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