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Further Mathematics for Economic Analysis (2nd Edition), by Knut Sydsaeter, Peter Hammond, Atle Seierstad, Arne Strom
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This book finds the right balance between mathematics and economic examples, providing a text that is demanding in level and broad ranging in content, whilst remaining accessible and interesting to its target audience.
- Sales Rank: #616267 in Books
- Published on: 2008-12-14
- Original language: English
- Number of items: 1
- Dimensions: 9.70" h x 1.40" w x 7.40" l, 2.65 pounds
- Binding: Paperback
- 632 pages
From the Back Cover
Further Mathematics for Economic Analysis 2nd edition takes you to the next level beyond the widely used companion volume Essential Mathematics for Economic Analysis. You can progressively extend your previous mathematical knowledge through its systematic and appropriately rigorous treatment of topics like multivariable calculus, constrained static optimization, the calculus of variations, optimal control theory, and dynamic programming
Further Mathematics for Economic Analysis 2nd edition is distinctive because of its emphasis on dynamic optimization, an important yet often underplayed tool in areas such as resource and environmental economics and growth theory. It is written in such a way that many chapters can be read in isolation, so you are free to pick the topics most relevant to you. In this new edition, several chapters have been extensively rewritten, and numerous other improvements made.
New to this Edition:
· Answers to almost all of the 600 problems in the book for students to self check
· Student’s Manual with extended worked answers to selected problems in the book
· Instructor’s Manual now contains a large range of additional supplementary problems, simple to advanced, suitable for use in examinations
The book is ideal for advanced undergraduate and graduate students of economics who have a basic undergraduate course in calculus and linear algebra. It presents most of the mathematical tools they will encounter in their advanced courses in economics. It is also ideally suited for self-study because of the extensive answers it offers to problems throughout the book.
Peter Hammond is currently the Marie Curie Professor of Economics at the University of Warwick, and an Emeritus Professor at Stanford University. His many research publications are mostly theoretical, but extend over several different fields of economics. For many years he taught courses in mathematics for economists and in mathematical economics at Stanford, as well as earlier at the University of Essex and the London School of Economics.
Knut Sydsæter, Atle Seierstad, and Arne Strøm all have extensive experience in teaching mathematics for economists in the Department of Economics at the University of Oslo. With Peter Berck at Berkeley, Knut Sydsæter and Arne Strøm have written a widely used formula book, Economists’ Mathematical Manual (Springer, 2005). The 1987 North-Holland book Optimal Control Theory for Economists by Atle Seierstad and Knut Sydsæter is still a standard reference in the field.
Visit www.pearsoned.co.uk/sydsaeter to access the supplementary resources for this text including a new Student’s Manual with extended answers broken down step by step to selected problems in the text.
About the Author
Peter Hammond is currently the Marie Curie Professor of Economics at the University of Warwick and Emeritus Professor at Stanford University. His many publications extend over several different fields of economics.
Knut Sydsaeter, Atle Seistan and Arne Strom all have extensive experience in teaching mathematics for economics in the Department of Economics at the University of Oslo.
Most helpful customer reviews
17 of 17 people found the following review helpful.
Brilliant
By Rob L.
This book has essentially every mathematical tool an aspiring economist needs. They go through basic single and multivariable calculus, integral calculus, differential and difference equations, optimal control, dynamic programming, and some additional topics in analysis and topology. The book is more detailed than Simon and Blume and is more rigorous than Chiang, Klein, or SandB. Additionally, the authors provide an extensive solution manual in the back of the book, as well as, a more answers on the website. Bravo.
11 of 12 people found the following review helpful.
Mastering Quantitative Techniques in Economics
By Martin Harry Vargas Barrenechea
Nowadays Economics is a very mathematical subject, mathematical techniques as diff equations and control theory became standard tool of a economist in order to understand and read modern literature in Macroeconomics and Microeconomics.
Authors are very well known and the book is somehow is a second part of the Essencial Mathematics for Economic Analysis by the same authors, but this time for graduate students in economics.
Topics that are covered here and are not so detailed in other popular books are:
1. Concavity and Quasiconcavity of functions, point that has several aplications in microeconomics, i.e. consumer and producer theory. Not just the differential theory about this functions is developed, also very useful properties about them are showed.
2. Differential equations and control theory have a inmediate uses in macroeconomics and in game theory (differential games), the book also develops the discrete case, so difference equations and discrete optimization is developed.
3. There is some topology and basic analysis that could have uses in microeconomic and finance theory that is also covered.
4. Answers to the exercises are summarized in the end of the book and a guide with a set of exercises completely solved are available at the homepage of the publisher (student manual)
for this reasons I strongly recomend you to get this book if you are doing and MSc or PhD in economics.
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