Book contents
- Frontmatter
- Contents
- Preface
- Notes on the Sections
- Problems and Subject Areas
- 1 Microeconomics
- 2 Scenarios Involving Marginal Analysis
- 3 Intermediate Macroeconomics Theory
- 4 Closed Linear Systems
- 5 Mathematics in Behavioral Economics
- 6 Econometrics
- 7 The Portfolio Problem
- 8 Topics in Modern Finance
- 9 Maximizing Profit with Production Constraints
- About the Editor
- About the Authors
Preface
- Frontmatter
- Contents
- Preface
- Notes on the Sections
- Problems and Subject Areas
- 1 Microeconomics
- 2 Scenarios Involving Marginal Analysis
- 3 Intermediate Macroeconomics Theory
- 4 Closed Linear Systems
- 5 Mathematics in Behavioral Economics
- 6 Econometrics
- 7 The Portfolio Problem
- 8 Topics in Modern Finance
- 9 Maximizing Profit with Production Constraints
- About the Editor
- About the Authors
Summary
An MAA NOTES volume that illustrates the uses of mathematics in economics would be a valued resource for mathematics faculty who want to enrich their undergraduate mathematics courses and better accommodate the needs of students interested in economics.
Applications of Mathematics in Economics presents an overview of the (qualitative and graphical) methods and perspectives of economists. Its objectives are not intended to teach economics, but rather to give mathematicians a sense of what mathematics is used at the undergraduate level in various parts of economics, and to provide students with the opportunities to apply their mathematics in relevant economics contexts.
The volume's applications span a broad range of mathematical topics and levels of sophistication. Each article consists of self-contained, stand-alone, expository sections whose problems illustrate what mathematics is used, and how, in that subdiscipline of economics. The problems are intended to be richer and more informative about economics than the economics exercises in most mathematics texts. Since each section is self-contained, instructors can readily use the economics background and worked-out solutions to tailor (simplify or embellish) a section's problems to their students' needs. Overall, the volume's 47 sections contain more than 100 multipart problems. Thus, instructors have ample material to select for classroom uses, homework assignments, and enrichment activities.
- Type
- Chapter
- Information
- Applications of Mathematics in Economics , pp. ix - xPublisher: Mathematical Association of AmericaPrint publication year: 2013