This text offers the ideal approach for economics and business students seeking to understand the mathematics relevant to them. Each chapter demonstrates basic mathematical techniques, while also explaining the economic analysis and business context where each is used. By following the worked examples and tackling the practice problems, students will discover how to use and apply each of these techniques. Now in its second edition, the text features expanded summaries of economic analysis, new sections on matrix algebra and linear programming, and additional demonstrations of economics applications. Demonstrates mathematical techniques while explaining their economic and business applications Engages the reader with numerous worked examples and practice problems Features new sections on matrix algebra and linear programming Includes a companion website with the book, containing the award winning MathEcon software, Excel files, Powerpoint slides, all definitions and 'remember boxes', and additional practice questions
An essential resource for anyone studying mathematics as part of their economics, management or business course. Mathematics for Economics and Business assumes very little prior knowledge of maths, starting with...
1. Introduction -- 2.
Also the 'worked examples' are excellent; they provide examples of the use of mathematics to realistic problems and are easy to follow." —Donal Hurley, formerly of University College Cork "The most comprehensive reader in this topic yet, ...
This book is designed to meet the requirements of a wide range of students, keeping in view the varied applications of mathematical techniques in different areas of Economics, Commerce, Finance and Management, at the Undergraduate and Post ...
This book has evolved from numerous graduate courses in mathematical statistics and econometrics taught by the author, and will be ideal for students beginning graduate study as well as for advanced undergraduates.
This text is suitable for undergraduate economics, business and accountancy students taking introductory level maths courses.
Mastering the basic concepts of mathematics is the key to understanding other subjects such as Economics, Finance, Statistics, and Accounting. Mathematics for Finance, Business and Economics is written informally for easy comprehension.
Containing exercises and worked examples, precise definitions and theorems as well as economic applications, this book provides the reader with a comprehensive understanding of the mathematical models and tools used in both economics and ...
( a ) Solving the first two of these equations to eliminate a yields .82 = 1.5.61 Inserting into the third equation gives x = 7.38 x = 11.07 ( d ) max y = 2xı + 3x2 s.t. 2x } + 5xį = 10 The Lagrangean function is L = 2.x1 + 3x2 + 2 ( 10 ...
This book can help overcome the widely observed math-phobia and math-aversion among undergraduate students in these subjects.