Synopsis
Economics students will welcome the new edition of this excellent textbook. Mathematics is an integral part of economics and understanding basic concepts is vital. Many students come into economics courses without having studied mathematics for a number of years. This clearly written book will help to develop quantitative skills in even the least numerate student up to the required level for a general Economics or Business Studies course. This second edition features new sections on subjects such as:
matrix algebra
part year investment
financial mathematics
Improved pedagogical features, such as learning objectives and end of chapter questions, along with the use of Microsoft Excel and the overall example-led style of the book means that it will be a sure fire hit with both students and their lecturers.
Booknews
A textbook covering the basic mathematics necessary for degree programs in economics and related subjects at a level suitable for students without high-level mathematics. Fundamental arithmetic and algebraic techniques are gradually introduced in the context of economic applications. Particular attention is paid to resource allocation and financial decision-making within the firm, together with applications using Lotus 1-2-3. Annotation c. Book News, Inc., Portland, OR (booknews.com)