Mathematical Economics (The Dryden Press Series in Economics)

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9780030981456: Mathematical Economics (The Dryden Press Series in Economics)

Emphasising interesting and challenging economic applications of mathematics, this text is suitable for courses in mathematical economics at the undergraduate level. Chapters are organised in pairs so that a chapter on economic applications follows a chapter on mathematical theory. Macro applications include ISLM and the Keynesian model, and Micro applications include the Cobb-Douglas model, and utility and profit maximisation. Also covered are the economic applications of static and dynamic game theory. Features: * Chapters are organized in pairs where a chapter on mathematical theory is followed by a chapter on economic applications. This approach allows for flexibility so instructors can tailor the course to their needs. * Macroeconomic applications include ISLM and the Keynesian model, and microeconomic applications include the Cobb-Douglas model, and utility and profit maximization. * Each chapter (except Chapter 1) includes extensive end-of-chapter problems. The solutions to these problems are provided in the Instructor's Manual. * An appendix reviews basic calculus to refresh students' memories. * Economic applications of static and dynamic game theory are covered. * An extensive treatment of constrained optimization includes discussion of inequality constraints and duality.

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About the Author:

Jeffrey Baldani received his BA from the University of Kentucky and PhD from Cornell University. He has taught economics at Colgate University since 1982. His teaching interests include mathematical economics, game theory, and applied microeconomics.

James Bradfield received his BA and Phd from the University of Rochester. He has taught economics at Hamilton College since 1976. His teaching interests include principles of economics, mathematical economics, microeconomics, and financial markets.

Robert W. Turner received his BA from Oberlin College and PhD from the Massachusetts Institute of Technology. He has taught economics at Colgate University since 1983. His teaching interests include econometrics, mathematical economics, public and environmental economics, and principles of economics.

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