Fundamental Methods of Mathematical Economics by CHIANG, Kevin Wainwright, Kevin Wainwright
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Textbook (Hardcover - REV)
- 708pp
- Sales Rank: 53,507
TEXTBOOK INFORMATION
- ISBN-13: 9780070109100
- Edition Description: REV
- Edition Number: 4
- Pub. Date: February 2005
- Publisher: McGraw-Hill Companies, The
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Product Details
- Pub. Date: February 2005
- Publisher: McGraw-Hill Companies, The
- Format: Textbook Hardcover, 708pp
- Sales Rank: 53,507
- ISBN-13: 9780070109100
- ISBN: 0070109109
- Edition Number: 4
- Edition Description: REV
Synopsis
For this fourth edition of a text for students of economics, Chiang (University of Connecticut) and Wainwright (British Columbia Institute of Technology) add new chapters on the envelope theorem, advanced topics in optimization, and optimal control theory, and delete a chapter on mathematical programming. The book can serve as a text for a course on mathematical methods, and as supplementary reading in such courses as micro- or macroeconomic theory, and economic growth and development. This edition is updated with new examples based on current economic conditions. Annotation ©2004 Book News, Inc., Portland, OR
More Reviews and RecommendationsBiography
Alpha C. Chiang is a professor at the University of Connecticut
Customer Reviews
Fundamental Methods of Mathematical Economicsby Anonymous
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April 20, 2008: If you are a student of economics and you have to study mathematics for some reason, this is a very thorough and well explained book that covers what you need to know mathematically for economical analysis. The book covers calculus and linear algebra, and includes differentiation, matrix algebra, and optimization. Indeed, the emphasis of this book is on Optimization analysis. Some materials are directly from the field of economics such as growth models and Leontief's I/O models. Be warned that this is a book on mathematical theory, applied to (theoretical) economics. In other words, there is alot of theory to understand and work with. That said, Chiang does a great job explaining it as humanely and interesting as possible.
Fundamental Methods of Mathematical Economicsby Anonymous
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November 07, 2006: This book is unsurpassable, no other book I have seen comes close to Chiang?s well-balanced and accessible book. Prior studies in mathematics and economics are not a requirement for this book. I used this book before taking courses in intermediate micro and macroeconomics and it significantly increased my analytical skills and progress in both, cutting my study time in half almost. Most other books on the topic focus either too much on the applied aspects or too much on modelling and mathematical proofs. This book marries the two perfectly the text is very reader-friendly and gradually builds up the reader?s skills. The exercises are spaced very well and are not cluttered at the end of each chapter, making it much easier to consistently follow the book. The exercises have a strong emphasis on building intuitive skills, it teaches you how to use math intelligently as opposed to endlessly, and robotically repeating the same exercises. This book enabled me to understand most economic journals I came across as well as more advanced economics books.
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