This text offers the ideal approach for economics and business students seeking to understand the mathematics
relevant to them. Each chapter demonstrates basic mathematical techniques, while also explaining the economic analysis
and business context where each is used. By following the worked examples and tackling the practice problems, students
will discover how to use and apply each of these techniques. Now in its second edition, the text features expanded
summaries of economic analysis, new sections on matrix algebra and linear programming, and additional demonstrations
of economics applications.
Demonstrates mathematical techniques while explaining their economic and business applications
Engages the reader with numerous worked examples and practice problems
Features new sections on matrix algebra and linear programming
Includes a CD-ROM with the book, containing the award winning MathEcon software, Excel files, Powerpoint slides,
all definitions and 'remember boxes', and additional practice questions
Table of Contents
1. Functions in Economics
2. Equations in Economics
3. Macroeconomic Models
4. Changes, Rates, Finance and Series
5. Differentiation in Economics
6. Maximum and Minimum Values
7. Further Rules of Differentiation
8. Partial Differentiation in Economics
9. Constrained Maxima and Minima
10. Integration in Economics
11. Linear Programming
12. Matrices in Economics
