Mathematics for Modern Economics

By Paul Grout and Chris Birchenhall

Designed to give second-year undergraduates an intuitive understanding of basic mathematical techniques, and when and why they are applicable. Building on the traditional framework of calculus, the notion of a concave function is used to link the new algebraic methods with the more familiar graphical approach and to introduce the modern use of duality in economic analysis. Final sections on consumer theory and the theory of the firm offer solutions to problems set earlier in the book.
Contents: Sets, functions and their graphs; Differential calculus and local optima; Concave functions, global and constrained optima; Duality; Integration, first order differential and difference equations; Consumer theory and the theory of the firm; Appendix: Linear algebra R

• Format: Hardcover
• Language: English
• ISBN: 0389205214
• ISBN13: 9780389205210
• Release Date: June 1985
• Publisher: Rowman & Littlefield Publishers
• Length: 320 Pages
• Weight: 1.40 lbs.
• Dimensions: 1.0" x 6.0" x 9.0"

Customer Reviews

Good reference for postgraduate courses in Economics

I find it a good reference for postgraduate courses in Economics where it spells out the mathematical aspects of Economics in far greater details than most undergraduate Economics books.Will recommend it for Master's as a handy reference or even PhD courses as a refresher. I particularly like the thorough and detailed workings and/or explanations for the solution to questions at the end of each chapters which are contained in Part III of this book.