Business & Economics Econometrics
Mathematics for Economics, fourth edition
- Publisher
- MIT Press
- Initial publish date
- Mar 2022
- Category
- Econometrics, Reference, Business Mathematics
-
Hardback
- ISBN
- 9780262046626
- Publish Date
- Mar 2022
- List Price
- $163.00
Classroom Resources
Where to buy it
Description
An updated edition of a widely used textbook, offering a clear and comprehensive presentation of mathematics for undergraduate economics students.
This text offers a clear and comprehensive presentation of the mathematics required to tackle problems in economic analyses, providing not only straightforward exposition of mathematical methods for economics students at the intermediate and advanced undergraduate levels but also a large collection of problem sets. This updated and expanded fourth edition contains numerous worked examples drawn from a range of important areas, including economic theory, environmental economics, financial economics, public economics, industrial organization, and the history of economic thought. These help students develop modeling skills by showing how the same basic mathematical methods can be applied to a variety of interesting and important issues.
The five parts of the text cover fundamentals, calculus, linear algebra, optimization, and dynamics. The only prerequisite is high school algebra; the book presents all the mathematics needed for undergraduate economics. New to this edition are “Reader Assignments,” short questions designed to test students’ understanding before they move on to the next concept. The book’s website offers additional material, including more worked examples (as well as examples from the previous edition). Separate solutions manuals for students and instructors are also available.
About the authors
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.