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Mathematics for Economics and Business Ian Jacques

Mathematics for Economics and Business By Ian Jacques

Mathematics for Economics and Business by Ian Jacques


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Mathematics for Economics and Business Summary

Mathematics for Economics and Business by Ian Jacques

Do you need to brush up on your mathematical skills to truly excel in your economics or business course?

If you want to increase your confidence in mathematics, then this is the perfect book for you. With its friendly and informal style, this market leading text breaks down topics into short sections making each new technique you learn seem less daunting. Offering you the chance at every opportunity to stop and check your understanding by working through the practice problems, you can relax and learn at your own pace.

A brand new online learning resource for this edition available to users of this book.

www.mymathlab.com

An unrivalled online study and testing resource that generates a personalized study plan and provides extensive practice questions exactly where you need it.

* Interactive questions with randomized values allow you practice the same concept as many times as you need until you master it.

* Guided solutions break down the question for you step by step.

* Audio animations talk you through key mathematical techniques

* Full e book links out to the relevant part of the text while you are practicing.

* Additional e chapters of extended topics taken out of the book

See the Getting Started with MyMathlab section in the introduction for information on how to register and start using the resources.

About Ian Jacques

Ian Jacques was formerly a senior lecturer in the School of Mathematical and Information Sciences at Coventry University. He has considerable experience teaching mathematical methods to students studying economics, business and accounting.

Table of Contents

Contents

Preface ix

Introduction: Getting Started 1

Notes for students: how to use this book 1

Getting started with MyMathLab

Getting started with Excel 3

Getting started with Maple 9

1 Linear Equations 13

1.1 Introduction to algebra

1.2 Further algebra

1.3 Graphs of linear equations 15

1.4 Algebraic solution of simultaneous linear equations 35

1.5 Supply and demand analysis 47

1.6 Transposition of formulae 87

1.7 National income determination 96

2 Non-linear Equations 113

2.1 Quadratic functions 115

2.2 Revenue, cost and profit 129

2.3 Indices and logarithms 141

2.4 The exponential and natural logarithm functions 162

3 Mathematics of Finance 175

3.1 Percentages 177

3.2 Compound interest 194

3.3 Geometric series 209

3.4 Investment appraisal 220

4 Differentiation 237

4.1 The derivative of a function 239

4.2 Rules of differentiation 251

4.3 Marginal functions 261

4.4 Further rules of differentiation 275

4.5 Elasticity 284

4.6 Optimization of economic functions 298

4.7 Further optimization of economic functions 320

4.8 The derivative of the exponential and natural logarithm functions 331

5 Partial Differentiation 341

5.1 Functions of several variables 343

5.2 Partial elasticity and marginal functions 356

5.3 Comparative statics 374

5.4 Unconstrained optimization 386

5.5 Constrained optimization 400

5.6 Lagrange multipliers 411

6 Integration 421

6.1 Indefinite integration 423

6.2 Definite integration 437

7 Matrices 451

7.1 Basic matrix operations 453

7.2 Matrix inversion 472

7.3 Cramer's rule 492

7.4 Input output analysis 502

Glossary 663

Index 673


THE FOLLOWING ADDITIONAL MATERIAL CAN BE FOUND ON THE WEBSITE (www.pearsoned.co.uk/jacques):

Additional Topic 1 Linear Programming 515

T.1.1 Graphical solution of linear programming problems 517

T.2.1 Applications of linear programming 535

Additional Topic 2 Dynamics 551

T.2.1 Difference equations 553

T.2.2 Differential equations 569

Appendix 1 Differentiation from First Principles 587

Appendix 2 Implicit Differentiation 591

Appendix 3 Hessians 594

Solutions to Problems 598

WEB BOX

Contents

Preface ix

Introduction: Getting Started 1

Notes for students: how to use this book 1

Getting started with MyMathLab

Getting started with Excel 3

Getting started with Maple 9

1 Linear Equations 13

1.1 Introduction to algebra

1.2 Further algebra

1.3 Graphs of linear equations 15

1.4 Algebraic solution of simultaneous linear equations 35

1.5 Supply and demand analysis 47

1.6 Transposition of formulae 87

1.7 National income determination 96

2 Non-linear Equations 113

2.1 Quadratic functions 115

2.2 Revenue, cost and profit 129

2.3 Indices and logarithms 141

2.4 The exponential and natural logarithm functions 162

3 Mathematics of Finance 175

3.1 Percentages 177

3.2 Compound interest 194

3.3 Geometric series 209

3.4 Investment appraisal 220

4 Differentiation 237

4.1 The derivative of a function 239

4.2 Rules of differentiation 251

4.3 Marginal functions 261

4.4 Further rules of differentiation 275

4.5 Elasticity 284

4.6 Optimization of economic functions 298

4.7 Further optimization of economic functions 320

4.8 The derivative of the exponential and natural logarithm functions 331

5 Partial Differentiation 341

5.1 Functions of several variables 343

5.2 Partial elasticity and marginal functions 356

5.3 Comparative statics 374

5.4 Unconstrained optimization 386

5.5 Constrained optimization 400

5.6 Lagrange multipliers 411

6 Integration 421

6.1 Indefinite integration 423

6.2 Definite integration 437

7 Matrices 451

7.1 Basic matrix operations 453

7.2 Matrix inversion 472

7.3 Cramer's rule 492

7.4 Input output analysis 502

Glossary 663

Index 673


THE FOLLOWING ADDITIONAL MATERIAL CAN BE FOUND ON THE WEBSITE (www.pearsoned.co.uk/jacques):

Additional Topic 1 Linear Programming 515

T.1.1 Graphical solution of linear programming problems 517

T.2.1 Applications of linear programming 535

Additional Topic 2 Dynamics 551

T.2.1 Difference equations 553

T.2.2 Differential equations 569

Appendix 1 Differentiation from First Principles 587

Appendix 2 Implicit Differentiation 591

Appendix 3 Hessians 594

Solutions to Problems 598

WEB BOX

Additional information

GOR009058096
9780273722168
0273722166
Mathematics for Economics and Business by Ian Jacques
Used - Like New
Paperback
Pearson Education Limited
2009-02-09
584
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

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