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World Scientific Publishing Company Problem Solving In Economics: A Quantitative Approach

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£68.41 £66.35 £66.80 £67.25 £67.70 £68.15 £68.60 25 July 2026 31 July 2026 07 August 2026 14 August 2026 21 August 2026
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Description

This book reinforces an understanding of Economics by showing how basic mathematics is used to construct models of the economy. By taking wide-ranging examples drawn for virtually all areas of economics, it shows how model-building is an indispensable aid to understanding economics. The mathematical techniques used in the book are fairly rudimentary — optimisation methods and equation-solving are the primary tools used. A brief explanation of constrained optimisation using Lagrange multipliers is provided. Throughout, the emphasis is on how these techniques are fruitfully deployed in constructing economic models and solving economic problems. It bridges the gap between mathematical analysis and economic logic. For readers, it builds confidence in constructing their own models for purposes of analysis. The book is well-suited for self-study.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
29 August 2023
Listed Since
03 March 2023

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