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Economic Mathematics – Foundations and Applications

Economic Mathematics – Foundations and Applications

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Dar Al Manahej

Pages: 226, Year of Publication: 2010, Binding Type: Cardboard, Edition: 1, Print Color: White, Dimensions (cm): 17×24, Weight (kg): 0.344, Barcode: 9789957182465

Weight: 344 grams, Dimensions: 17 × 24 cm

Introduction

Due to the growing interest among students in the economic application of mathematics, there has been confusion regarding the focus on the mathematical field in human applications. Despite the tendency towards simplification, Western curricula often require broader interests. Applied mathematics still lacks a universal definition. Some consider it as mathematics used to understand our world, while pure mathematics is seen as not application-focused. Modern context allows applied mathematics to be the application of mathematical methods in other sciences. Quantitative analysis provides precise descriptions of economic phenomena, making it a crucial tool in economic problem-solving.

This book is designed to meet the needs of undergraduate and graduate students in mathematics. It aims to simplify mathematical ideas for economists. The chapters cover foundational concepts, matrices and their applications in economics, derivatives and their use in solving economic problems, integration methods, linear programming, and more.

The core of this book is based on lectures given over ten years. It aims to expand within feasible limits to provide solutions to many economic challenges. Criticism is invited to improve future editions.

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