
Meant for first year postgraduate students of economics, this book provides an understanding of the mathematical propositions necessary for comprehensively following the fundamentals of economic theory. These mathematical tools help the student to define terms precisely and apply them to real world situations and also to the needs of economics like problems of decision making, inflation, forecast, and risk.With an aim to broaden the applicability of an economic model through mathematics, this volume addresses students as well as teachers of mathematical methods in economics course as it constitutes the very basic set of problems in fundamental aspects of economic theory.
This book investigates the essential mathematical propositions and tools required for postgraduate students to master the fundamentals of modern economic theory. Authors Anjan Mukherji and Subrata Guha provide a structured framework designed to bridge the gap between abstract mathematical concepts and their practical application in economic modeling. By focusing on the precision of definitions and the logical structure of economic problems, the text serves as a foundational resource for both students and instructors navigating the intersection of quantitative analysis and decision-making theory.
What You Will Find
Experts identify this volume as a standard reference for students transitioning into advanced economic study. Readers frequently note the clarity of the mathematical derivations and the direct relevance of the exercises to core economic theory.
Page Count:
384
Publication Date:
2011-03-11
Publisher:
Oxford University Press
ISBN-10:
0198069979
ISBN-13:
9780198069973
No comments yet. Be the first to share your thoughts!