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Mathematics and Methodology for Economics - Applications, Problems and Solutions (Paperback, Softcover reprint of the original 1st ed. 2016)
Loot Price: R2,858
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Mathematics and Methodology for Economics - Applications, Problems and Solutions (Paperback, Softcover reprint of the original 1st ed. 2016)
Series: Springer Texts in Business and Economics
Expected to ship within 10 - 15 working days
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This book about mathematics and methodology for economics is the
result of the lifelong experience of the authors. It is written for
university students as well as for students of applied sciences.
This self-contained book does not assume any previous knowledge of
high school mathematics and helps understanding the basics of
economic theory-building. Starting from set theory it thoroughly
discusses linear and non-linear functions, differential equations,
difference equations, and all necessary theoretical constructs for
building sound economic models. The authors also present a solid
introduction to linear optimisation and game theory using
production systems. A detailed discussion on market equilibrium, in
particular on Nash Equilibrium, and on non-linear optimisation is
also provided. Throughout the book the student is well supplied
with numerous examples, some 2000 problems and their solutions to
apply the knowledge to economic theories and models.
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