Number of pages: 341, Year of printing: 2015, Binding type: Carton, Edition number: 1, Print color: White, Dimensions (cm): 0.588, Barcode: 9789957182602

Weight: 588 grams, Dimensions: 17 × 24 cm

Introduction

Quantitative analyses of economic phenomena provide a precise description of the problem by meeting requirements from data accuracy to the effectiveness of analytical methods. This importance has grown over the centuries, particularly in mathematical and statistical analyses. As such, economic students must focus on these analyses, which describe phenomena and their influencing factors in a non-descriptive way.

This book aims to present economic quantitative analyses in a simplified manner, highlighting both macro and microeconomic aspects while balancing the need for understanding mathematical concepts without turning the topic into a mathematics book. Methods are introduced to ensure comprehension and practicality, including initial principles and linear relations like linear equations, matrices, and linear programming covered in this first part. More complex topics are saved for the second part.

We focus on simplicity and necessary explanations to help readers, especially beginners, grasp the concepts. More examples are provided to enhance understanding, which is a proven learning method. After each mathematical chapter, common economic issues are discussed using previous mathematical analyses. We start with simple economic relations, solve them graphically and mathematically to determine economic quantities like supply, demand, cost, production, consumption, and more.

Non-linear economic functions and differential equations are explored, along with algebraic matrices employed in user-product analyses, economic interconnections, and forecasting macroeconomic changes. We also delve into linear programming and economic applications.