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Mathematics and Methodology for Economics: Applications, Problems and Solutions

Mathematics and Methodology for Economics: Applications, Problems and Solutions

Hardcover

Series: Springer Texts in Business and Economics

EconomicsGeneral Mathematics

ISBN10: 3319233521
ISBN13: 9783319233529
Publisher: Springer
Published: Feb 24 2016
Pages: 630
Weight: 2.38
Height: 1.38 Width: 6.14 Depth: 9.21
Language: English

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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Eichhorn, Wolfgang

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Economics