Publisher's Synopsis
This textbook presents the key analytical tools (non-linear programming, uncertainty, differential equations and optimal control theory) used in economic theory and illustrates their applications, drawn from both micro- and macroeconomics, to selected economic problems. Takayama argues that the typical mathematics used in economics is not really difficult to learn and understand when the basic tools are systematically presented and clearly illustrated in representative economic models.;"Analytical Methods in Economics" is suitable as a textbook for advanced undergraduate and graduate students who require an introduction to some of the analytical foundations of economics with non-trivial economics applications. The book focuses on explanation, considerations of motivation, and economic illustrations: it emphasizes "why" rather than "how to" questions.
