Maths for Economics

Maths for Economics provides a solid foundation in mathematical principles and methods for economics and business students. It aims to build self-confidence in maths, by adopting a user-friendly style and by reinforcing learning at each step through worked examples and test exercises. The book assumes no prior knowledge of mathematics or economics and the author devotes part one to the revision and consolidation of basic skills in arithmetic, algebra and equation solving. From here there is a carefully calculated learning gradient, increasing in mathematical sophistication as the book progresses, designed to ensure a comprehensive understanding of the concepts for any student. In this latest edition there is a new 4 colour design intended to enhance the pedagogical features in the chapters. Extra material on advanced topics such as Taylor's theorum and comparative statics will be available on the Online Resource Centre. New to this Edition Some advanced material, such as Taylor's theorum and comparative statics, will now be available on the Online Resource Centre The new edition is 100 pages shorter than the first edition and so will be more appealing to students About The Author: Geoff Renshaw Department of Economics, University of Warwick Table Of Contents: Part I: Foundations 1: Arithmetic 2: Algebra 3: Linear equations 4: Quadratic equations 5: Some further equations and techniques Part II: Optimisation with one independent variable 6: Derivatives and differentiation 7: Derivatives in action 8: Economic applications of functions and derivatives 9: Elasticity Part III: Mathematics of finance and growth 10: Compound growth and present discounted value 11: The exponential function and logarithms 12: Continuous growth and the natural exponential function 13: Derivatives of exponential and logarithmic functions and their applications Part IV: Optimisation with two or more independent variables 14: Functions of two or more independent variables 15: Maximum and min