Wow! eBook
21 Equations that Shaped the World Economy:Understanding the Theory Behind the Equations
by: Panayotis G. Michaelides (Author)
Publisher: Palgrave Macmillan
Publication Date: 2025-01-25
Language: English
Print Length: 308 pages
ISBN-10: 3031761391
ISBN-13: 9783031761393
Book Description
This accessible and engaging textbook provides an introduction to the equations that have defined economics and shaped the global economy. It not only presents the ideas, concepts, and applications that underpin these equations, but also places them within their broader social and historical contexts. Simple mathematical examples and illustrations of the real-world application of the equations are combined with an overview of the implications to give a complete understanding of the power and importance of each equation.It will be relevant to economics students wishing to broaden their understanding of mathematics, mathematical economics, applied economics, and the history of economic thought.
Editorial Reviews
This accessible and engaging textbook provides an introduction to the equations that have defined economics and shaped the global economy. It not only presents the ideas, concepts, and applications that underpin these equations, but also places them within their broader social and historical contexts. Simple mathematical examples and illustrations of the real-world application of the equations are combined with an overview of the implications to give a complete understanding of the power and importance of each equation.It will be relevant to economics students wishing to broaden their understanding of mathematics, mathematical economics, applied economics, and the history of economic thought.
