
Mathematics for Economics 4th Edition
Author(s): Michael Hoy (Author), John Livernois (Author), Chris Mckenna (Author), Ray Rees (Author), Thanasis Stengos (Author)
- Publisher: The MIT Press
- Publication Date: March 29, 2022
- Edition: 4th
- Language: English
- Print length: 1104 pages
- ISBN-10: 0262046628
- ISBN-13: 9780262046626
Book Description
This text offers a clear and comprehensive presentation of the mathematics required to tackle problems in economic analyses, providing not only straightforward exposition of mathematical methods for economics students at the intermediate and advanced undergraduate levels but also a large collection of problem sets. This updated and expanded fourth edition contains numerous worked examples drawn from a range of important areas, including economic theory, environmental economics, financial economics, public economics, industrial organization, and the history of economic thought. These help students develop modeling skills by showing how the same basic mathematical methods can be applied to a variety of interesting and important issues.
The five parts of the text cover fundamentals, calculus, linear algebra, optimization, and dynamics. The only prerequisite is high school algebra; the book presents all the mathematics needed for undergraduate economics. New to this edition are “Reader Assignments,” short questions designed to test students’ understanding before they move on to the next concept. The book’s website offers additional material, including more worked examples (as well as examples from the previous edition). Separate solutions manuals for students and instructors are also available.
Editorial Reviews
Review
—Oliver Hart, Lewis P. and Linda L. Geyser University Professor, Harvard University; recipient of the 2016 Nobel Prize in Economic Sciences
“While there are many mathematics texts for economics available, this one is by far the best. It covers a comprehensive range of techniques with interesting applications, and the numerous worked examples and problems are a real bonus for the instructor. Teaching a course with this book is enjoyable and easy.”
—Kevin Denny, University College Dublin
Wow! eBook


