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Introductory Mathematical Economics: Economics

Introductory Mathematical Economics: Economics

          
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About the Book

This book provides students with a clear and concise introduction to using mathematics in economics. Its substantive coverage of all the relevant topics offers the necessary tools, methods, and approaches to solve real-world problems in economic theory. It is designed to jump start student knowledge and understanding of mathematical concepts, enabling students to see how mathematics can be put to practice.
The text is extremely readable, straighforward and develops a thorough, functional understanding of the logic of each quantitative technique introduced. Besides gaining knowledge in mathematical analysis and its application to economic theory, students will also understand several quantitative models such as inventory analysis and input-output.
The book can be used as an introductory text in a mathematical economics course for senior undergraduate students or first-year graduate students. Key Features

  • Explains applications of matrix algebra to macroeconomics and market models
  • Elucidates derivatives and their applications to economic theory
  • Discusses economic applications of constrained optimization
  • Introduces the inventory model
  • Explains dynamic techniques used in economic theory
  • Includes economic problems such as consumer and producer surplus
  • Introduces Harrod and Domar models of economic growth and the Cobweb price model
  • Gives formulation of linear programming problems and their graphical solutions
Table of Contents
  • Preface
  • Acknowledgments
  • 1. Vectors and Matrices
  • 2. Derivatives and Applications
  • 3. The Input-Output Model
  • 4. Optimization Theory: The Calculus Approach
  • 5. The Inventory Model
  • 6. Dynamic Techniques
  • 7. Linear Programming I: The Simplex Method
  • 8. Linear Programming II: Sensitivity Analysis, Duality, and Integer Programming
  • References
  • Index
  • About the Author


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Product Details
  • ISBN-13: 9788120323049
  • Publisher: M.E.Sharpe
  • Publisher Imprint: M.E.Sharpe
  • Edition: 1
  • No of Pages: 264
  • Weight: 325 gr
  • ISBN-10: 8120323041
  • Publisher Date: 2003
  • Binding: Paperback
  • Language: English
  • Sub Title: Economics

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