Mathematics for Economics

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Mathematics for Economics
South Africa Language

Mathematics for Economics

An introduction to mathematical modelling in economics and finance. Mathematics has become indispensable in the modelling of economics, finance, business and management. Without expecting any particular background of the reader, this book covers the following mathematical topics, with frequent reference to applications in economics and finance: functions, graphs and equations, recurrences (difference equations), differentiation, exponentials and logarithms, optimisation, partial differentiation, optimisation in several variables, vectors and matrices, linear equations, Lagrange multipliers, integration, first-order and second-order differential equations. The stress is on the relation of maths to economics, and this is illustrated with copious examples and exercises to foster depth of understanding. Each chapter has three parts: the main text, a section of further worked examples and a summary of the chapter together with a selection of problems for the reader to attempt. For students

Author
M.H.G. Anthony
Author
Norman L. Biggs
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Mathematics for Economics and Finance: Methods and Modelling by M.H.G. Anthony (Paperback)

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