1st Edition

Mathematics of Economics and Business

By Frank Werner, Yuri N. Sotskov Copyright 2006
    536 Pages
    by Routledge

    536 Pages
    by Routledge

    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.

    1. Introduction,
    2. Sequences, Series and Finance
    3. Relations, Mappings and Functions
    4. Differentiation
    5. Integration
    6. Vectors
    7. Matrices and Determinants
    8. Linear Equations and Inequalities
    9. Linear Programming
    10. Eigenvalue Problems and Quadratic Forms
    11. Functions of Several Variables
    12. Differential and Difference Equations

    Biography

    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.