Mathematics for Economics and Finance: Methods and Modelling / Edition 1

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Overview

Without expecting any particular background of the reader, this book covers graphs and relations, sequences and limits, partial derivatives, optimization, vectors, and matrix algebra. Throughout, the stress is firmly on how the mathematics relates to economics, and this is illustrated with copious examples and exercises that will foster depth of understanding.

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Editorial Reviews

From the Publisher
'Throughout, the stress is firmly on how the mathematics relates to economics, and this is illustrated with copious examples and exercises that will foster depth of understanding.' L'Enseignement Mathématique
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Product Details

  • ISBN-13: 9780521559133
  • Publisher: Cambridge University Press
  • Publication date: 7/28/1996
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 410
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.91 (d)

Table of Contents

1. Mathematical models in economics; 2. Mathematical terms and notations; 3. Sequences, recurrences and limits; 4. Elements of finance; 5. The cobweb model; 6. Introduction to calculus; 7. Some special functions; 8. Introduction to optimisation; 9. The derivative in economics I; 10. The derivative in economics II; 11. Partial derivatives; 12. Applications of partial derivatives; 13. Optimisation in two variables; 14. Vectors, preferences and convexity; 15. Matrix algebra; 16. Linear equations I; 17. Linear equations II; 18. Inverse matrices; 19. The input output model; 20. Determinants; 21. Constrained optimisation; 22. Lagrangians and the consumer; 23. Second-order recurrence equations; 24. Macroeconomic applications; 25. Areas and integrals; 26. Techniques of integration; 27. First-order differential equations; 28. Second-order differential equations; Selected solutions.

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