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Maths for Economics

Fifth Edition

Geoff Renshaw

17 June 2021

ISBN: 9780198839507

752 pages
Paperback
265x195mm

In Stock

Price: £52.99

A clear and thorough text, which provides a solid foundation in the core mathematical principles and methods used in economics.

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Description

A clear and thorough text, which provides a solid foundation in the core mathematical principles and methods used in economics.

  • Provides the clearest and most detailed coverage of the maths used by economists
  • Uses a gradual learning gradient to ensure that students with limited experience or confidence are able to grasp and apply mathematical principles and methods in their wider studies
  • Robust pedagogical features encourage independent study
  • Also available as an e-book with functionality, navigation features, and links that offer extra learning support

New to this edition

  • New content on investment appraisal, fixed term bonds and annuity calculations in Chapter 10
  • Re-written section on inequalities in Chapter 5
  • Additional worked examples in Chapter 3
  • Access to the eBook is now provided with every print copy purchased

About the Author(s)

Geoff Renshaw, Retired maths for economics lecturer, University of Warwick

Table of Contents

    Part One: Foundations
    1:Arithmetic
    2:Algebra
    3:Linear equations
    4:Quadratic equations
    5:Some further equations and techniques
    Part Two: Optimization With One Independent Variable
    6:Derivatives and differentiation
    7:Derivatives in action
    8:Economic applications of functions and derivatives
    9:Elasticity
    Part Three: Mathematics Of Finance And Growth
    10:Compound growth and present discounted value
    11:The exponential function and logarithms
    12:Continuous growth and the natural exponential function
    13:Derivatives of exponential and logarithmic functions and their applications
    Part Four: Optimization With Two Or More Independent Variables
    14:Functions of two or more independent variables
    15:Maximum and minimum values, the total differential, and applications
    16:Constrained maximum and minimum values
    17:Returns to scale and homogenous functions; partial elasticities; growth accounting; logarithmic scales
    Part Five: Some Further Topics
    18:Integration
    19:Matrix algebra
    20:Difference and differential equations
    21:W21:Extensions and future directions

Additional Resources

Digital formats and resources

Maths for Economics is supported by online resources and is available for students and institutions to purchase in a variety of formats.

The e-book offers a mobile experience and convenient access along with functionality tools, navigation features and links that offer extra learning support: www.oxfordtextbooks.co.uk/ebooks

online resourcessupporting the book include:

For Students:

- Ask the author forum
- Excel tutorial
- Maple tutorial
- Further exercises
- Answers to further questions
- Expanded solutions to progress exercises

For Lecturers:
- Test exercises
- Graphs from the book
- Answers to test exercises