Mathematical Methods and Models for Economists by Angel de la Fuente gives a self-contained, rigorous treatment of a lot of the ideas and strategies required to comply with the standard theory sequence in micro and macroeconomics based on over 200 fully labored-out problems. This book is intended as a textbook for a primary-year Ph. D. course in mathematics for economists and as a reference for graduate college students in economics.
The matters covered embody an introduction to evaluation in metric areas, differential calculus, comparative statics, convexity, static optimization, dynamical systems and dynamic optimization. The book consists of numerous applications to plain financial models and over 2 hundred absolutely worked-out problems.
In this text, you’ll be launched to the essential mathematical instrument that economists use. The intention is to provide you a toolbox that means that you can study dynamic economic systems. Authors evaluate some ideas from real evaluation and matrix algebra after which cover static optimization, differential and distinction equations, and eventually dynamic optimization both in discrete and continuous time.
While the presentation of the material will be quite rigorous, the emphasis might be on understanding the ideas and ability to apply them, slightly than on formal derivations of the results. It might serve as helpful background studying for college students without extensive mathematical background.
Mathematical Methods and Models for Economists [Paperback]
Angel de la Fuente
Cambridge University Press (January 28, 2000)