Mathematics of Economics and Business  book cover
1st Edition

Mathematics of Economics and Business

ISBN 9780415332811
Published April 12, 2006 by Routledge
536 Pages

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Book Description

For all students who wish to understand current economic and business literature, knowledge of mathematical methods has become a prerequisite.  Clear and concise, with precise definitions and theorems, Werner and Sotskov cover all the major topics required to gain a firm grounding in this subject including sequences, series, applications in finance, functions, differentiations, differentials and difference equations, optimizations with and without constraints, integrations and much more.

Containing exercises and worked examples, precise definitions and theorems as well as economic applications, this book provides the reader with a comprehensive understanding of the mathematical models and tools used in both economics and business.

Table of Contents

Introduction.  Sequences.  Series and Finance Relations.  Mappings and Functions.  Differentiation.  Integration.  Vectors.  Matrices and Determinants.  Linear Equations and Inequalities.  Linear Programming.  Eigenvalue Problems and Quadratic Forms.  Functions of Several Variables.  Differential and Difference Equations

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Frank Werner is Extraordinary Professor of Mathematics at Otto-von-Guericke University in Magdeburg, Germany.

Yuri N. Sotskov is Professor at the United Institute of Informatics Problems, National Academy of Science of Belarus, Minsk.