Provides a foundation in mathematical principles and methods for economics and business students. This book aims to build self-confidence in maths, by adopting a de-mystifying, user-friendly style and by reinforcing learning at each step through worked examples and test exercises.
Maths for Economics provides a solid foundation in mathematical principles and methods for economics and business students. It aims to build self-confidence in maths, by adopting a de-mystifying, user-friendly style and by reinforcing learning at each step through worked examples and test exercises. The book assumes little prior knowledge and its first section makes it suitable whether or not students have studies maths at A-level. Part I revises and consolidates the basic skills in algebraic manipulation, solving equations and curve sketching at GCSE level. Better-qualified students can skip this and proceed directly to Parts II-IV, which develop and apply the core mathematical techniques required by typical first degree courses in economics. Part V contains some more specialised topics and some "tasters" of more advanced techniques. This book will help students acquire the core mathematical skills that they will need to succeed in business and economics degrees. ONLINE RESOURCE CENTRE For lecturers: test exercises, graphs from the text and answers to the test exercises.For students: 'ask the author' forum, a guide to using Excel, further exrecises and expanded solutions to progress exercises.
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Thanks for re-instilling my confidence in maths again." Roy Feyer, student, University of Queensland Geoff Renshaw's Maths for Economics is an important new text aimed at entry-level undergraduate students. It is a testament to the efforts of the author that reading the text is almost like listening to a classroom discussion, While students with a strong background in mathematics might want to find a more laconic exposition, it is hard to imagine a better text for those without such an advantage. Arup Daripa, lecturer in economics, Birkbeck, University of London Instructors of introductory undergraduate courses often face a trade-off between going over each step so that all students can keep up and ensuring adequate breadth of coverage across topics. In explaining each step thoroughly, this book should ease the problem and will surely feature as a principal text for introductory undergraduate mathematics courses in economics department across the world. Arup Daripa, lecturer in economics, Birkbeck, University of London
Table of Contents
PART I: FOUNDATIONS; 1. Arithmetic; 2. Algebra; 3. Linear equations; 4. Quadratic equations; 5. Some further equations and techniques; PART II: OPTIMISATION WITH ONE INDEPENDENT VARIABLE; 6. Derivatives and differentiation; 7. Derivatives in action; 8. Economic applications of functions and derivatives; 9. Elasticity; PART III: MATHEMATICS OF FINANCE AND GROWTH; 10. Compound growth and present discounted value; 11. The exponential function and logarithms; 12. Continuous growth and the natural exponential function; 13. Derivatives of exponential and logarithmic functions and their applications; PART IV: OPTIMISATION WITH TWO OR MORE INDEPENDENT VARIABLES; 14. Functions of two or more independent variables; 15. Maximum and minimum values, the total differential and applications; 16. Constrained maximum and minimum values; 17. Returns to scale and homogeneous functions; partial elasticities; logarithmic scales; growth accounting; PART V: SOME FURTHER TOPICS; 18. Integration; 19. Matrix algebra; 20. Difference and differential equations; 21. Extensions and future directions (by Norman Ireland)
Maths for Economics by Geoff Renshaw
Used - Very Good
Oxford University Press
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