Publisher's Synopsis
Written for first–year undergraduates on economics and business courses, this book offers the ideal approach to understanding the mathematics relevant to them. It sets out all the basic mathematical techniques and explains the economic analysis or business context where each is used. By following the worked examples and tackling the practice problems, students will discover how to use and apply each of the techniques.
The book is structured with mathematical methods and economics applications in separate sections. This allows students either first to learn the mathematics needed in a particular chapter or to proceed immediately to the economics examples, depending on their mathematical backgrounds.
Although the book is complete in itself, it also encourages students to develop their understanding of both mathematics and economics by using the interactive screens on the MathEcon CD–ROM. These screens are taken from the award–winning WinEcon courseware.