Essential mathematics for economics and business /
Teresa Bradley, Paul Patton.
- Second edition / edited by Teresa Bradley.
- xvii, 637 pages : illustrations ; 24 cm
Includes bibliographical references and index.
Mathematical preliminaries -- The straight line and applications -- Simultaneous equations -- Non-linear functions and applications -- Financial mathematics -- Differentiation and applications -- Functions of several variables -- Integration and applications -- Linear algebra and applications -- Difference equations. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
"Essential Mathematics for Economics and Business has become established as one of the leading introductory textbooks on mathematics for students of these subjects. It combines a non-rigorous approach to mathematics with applications in economics and business. The fundamental mathematical concepts are explained as simply and briefly as possible, using a wide selection of worked examples, graphs and real-world applications.; ; FEATURES:; ; This second edition includes new material on important topics such as currency conversion, annuities, debt repayment, sinking funds, integration by algebraic substitutions, integration by parts, solution of equations, Gaussian elimination, and Excel for linear algebra.; ; Sections on the following topics have been rewritten in a clearer and more accessible style: the straight line, some applications of translations, exponential functions, hyperbolic functions, optimisation of functions of one variable, and the inverse matrix.; ; A website has been developed that contains supplementary material for lecturers, as well as additional material for students. ; ; COMMENTS ON THE FIRST EDITION; ; 'The text is aimed at providing an introductory-level exposition of mathematical methods for economics and business students. In terms of level, pace, complexity of examples and user-friendly style the text is excellent - it genuinely recognises and meets the needs of students with minimal maths background.' Colin Glass, University of Ulster ; ; 'One of the major strengths of this book is the range of exercises in both drill and applications. Also the "worked examples" are excellent; they provide examples of the use of mathematics to realistic problems and are easy to follow' Donal Hurley, University College Cork ; ; 'Students have often complained bitterly about some of the texts we have used in the past. The feedback for this book is excellent' Alexander Lee, University of Western Sydney; ; 'Overall the book is very thorough without being too rigorous. Almost everything I would expect to see is there.' Hilary Lamaison, Brunel University; ; 'I used the text for the first time this semester and found it very good. So did the students!' Anca Porojan, University of Bradford"--Publisher description.