Mathematics for Economists: Fifth Edition

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This book is a self-contained treatment of all the mathematics needed by undergraduate and masters-level students of economics, economics, econometrics and finance. Building up gently from a very low level, the authors provide a clear, systematic coverage of calculus and matrix algebra. The second half of the book gives a thorough account of probability, dynamics and static and dynamic optimisation. The last three chapters are an accessible introduction to the rigorous mathematical analysis used in graduate-level economics. The emphasis throughout is on intuitive argument and problem-solving. All methods are illustrated by examples, exercises and problems selected from central areas of modern economic analysis. The book's careful arrangement in short chapters enables it to be used in a variety of course formats for students with or without prior knowledge of calculus, for reference and for self-study.

Author Bio

Malcolm Pemberton is Associate Professor of Economics at University College London
Nicholas Rau is Honorary Senior Lecturer in Economics at University College London