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Problem Solving In Economics : A Quantitative Approach

Monojit Chatterji

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Binding: Paper Back

Publisher: World Scientific

Language: English

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Description

This book reinforces an understanding of Economics by showing how basic mathematics is used to construct models of the economy. By taking wide-ranging examples drawn for virtually all areas of economics, it shows how model-building is an indispensable aid to understanding economics. The mathematical techniques used in the book are fairly rudimentary ? optimisation methods and equation-solving are the primary tools used. A brief explanation of constrained optimisation using Lagrange multipliers is provided. Throughout, the emphasis is on how these techniques are fruitfully deployed in constructing economic models and solving economic problems. It bridges the gap between mathematical analysis and economic logic. For readers, it builds confidence in constructing their own models for purposes of analysis. The book is well-suited for self-study.

Additional Info

Author	Monojit Chatterji
Publisher	World Scientific
Language	English
Binding Type	Paper Back
Main Category	Commerce & Business
Sub Category	Economics
ISBN13	9798886130683
SKU	BK 0202421