Fundamental methods of mathematical economics /

by Chiang, Alpha C. Edition statement:2d ed. Published by : Mc Graw-Hill, (New York :) Physical details: xv, 784 p. : ill. ; 20.7 cm. ISBN:0070107807. Year: 1974 Item type: Books
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Holdings
Current library Call number Status Date due Barcode
Paro College Library
330.0151 CHI (Browse shelf(Opens below)) Available A02279

includes bibliography

In this book, Chiang teaches the basic mathematical methods indispensable for understanding current economic literature. The book's patient explanations are written in an informal, non-intimidating style. To underscore the relevance of mathematics to economics, the author allows the economist's analytical needs to motivate the study of related mathematical techniques; he then illustrates these techniques with appropriate economics models. Graphic illustrations often visually reinforce algebraic results. Many exercise problems serve as drills and help bolster student confidence. These major types of economic analysis are covered: statics, comparative statics, optimization problems, dynamics, and mathematical programming. These mathematical methods are introduced: matrix algebra, differential and integral calculus, differential equations, difference equations, and convex sets.

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