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Mathematics of Economics and Business
Frank Werner and Yuri N. Sotskov
2006
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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.
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Keywords
- Basic Feasible Solution
- Basic Variable
- Characteristic Equation
- Closed Interval
- Coefficients Gj
- cos
- Cos 2x
- equations
- Extreme Point
- horners
- Horner’s Scheme
- inverse
- linear
- Linear Equation
- Linear Inequalities
- Local Extreme Point
- Local Maximum Point
- mapping
- Matrix
- Non-basic Variable
- Nonbasic Variable
- number
- Objective Row
- Pivot Column
- Pivot Row
- Pivoting Step
- Point X0
- Raw Material R1
- Real
- scheme
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCH Econometrics and economic statistics
- thema EDItEUR::P Mathematics and Science::PB Mathematics::PBW Applied mathematics
Links
DOI: 10.4324/9780203401385Editions