Synopses & Reviews
This book offers a comprehensive presentation of the mathematics required to tackle problems in economic analysis. To give a better understanding of the mathematical concepts, the text follows the logic of the development of mathematics rather than that of an economics course. After a review of the fundamentals of sets, numbers, and functions, the book covers limits and continuity, the calculus of functions of one variable, linear algebra, multivariate calculus, and dynamics. To develop the student's problem-solving skills, the book works through a large number of examples and economic applications. The second edition includes simple game theory, l'Hôpital's rule, Leibniz's rule, and a more intuitive development of the Hamiltonian. An instructor's manual is available.
Review
"This book offers clear exposition, includes relevant material, and provides intuitive explanations. These are the hallmarks of a first class textbook." --Morton I. Kamien, Kellogg Graduate School of Management, Northwestern University The MIT Press The MIT Press
Review
"Mathematics is the language of economics, and this book is an excellent introduction to that language."--George J. Mailath, Edmund J. and Louise W. Kahn Endowed Term Professor in the Social Sciences and Professor of Economics, University of Pennsylvania The MIT Press
About the Author
Michael Hoy is a faculty member in the Economics Department at the University of Guelph.John Livernois is a faculty member in the Economics Department at the University of Guelph, Ontario.Chris McKenna is a faculty member in the Economics Department at the University of Guelph, Ontario.Ray Rees is a faculty member at the Ludwig Maximilians University, Munich.Thanasis Stengos is a faculty member in the Economics Department at the University of Guelph, Ontario.