Mathematics and Methodology for Economics: Applications, Problems and Solutions [2016]

Title: Mathematics and Methodology for Economics: Applications, Problems and Solutions
Series: Springer Texts in Business and Economics
Author: Wolfgang Eichhorn, Winfried Gleißner
Format: PDF
Hardcover: 630 pages
Publisher: Springer; 1st ed. 2016 edition (February 12, 2016)
Language: English
ISBN: 9783319233529


This book about mathematics and methodology for economics is the result of the lifelong experience of the authors. It is written for university students as well as for students of applied sciences. This self-contained book does not assume any previous knowledge of high school mathematics and helps understanding the basics of economic theory-building. Starting from set theory it thoroughly discusses linear and non-linear functions, differential equations, difference equations, and all necessary theoretical constructs for building sound economic models. The authors also present a solid introduction to linear optimisation and game theory using production systems. A detailed discussion on market equilibrium, in particular on Nash Equilibrium, and on non-linear optimisation is also provided. Throughout the book the student is well supplied with numerous examples, some 2000 problems and their solutions to apply the knowledge to economic theories and models.