"Mathematics in Economics" is a valuable guide to the mathematical
apparatus that underlies so much of modern economics. The approach
to mathematics is rigorous and the mathematical techniques are
always presented in the context of the economics problem they are
used to solve. Students can therefore gain insight into, and
familiarity with, the mathematical models and methods involved in
the transition from "phenomenon" to quantitative statement.
Topics covered include: Sets and NumbersMatrices and
VectorsModelling Consumer ChoiceDiscrete
VariablesFunctionsEquilibriumEigenvalues and EigenvectorsLimits and
their UsesContinuity and Its UsesPartial DifferentiationThe
GradientTaylor's Theorem - An Approximation ToolEconomic Dynamics:
Differential Equations.Each chapter ends with exercises designed to
help students understand and practice the techniques they have
learnt. The author has provided solutions to selected problems so
that the book will function as an effective teaching tool on
introductory courses in mathematics for economics, quantitative
methods and for mathematicians taking a first course in economics.
"Mathematics in Economics" has been developed from a course taught
jointly by Ken Binmore (Professor of Economics) and Adam
Ostaszewski (Senior Lecturer in Mathematics).
General
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