Fundamental Methods of Mathematical Economics, Fourth Edition

1st Edition
1307461913 · 9781307461916
i. Preface   1 Introduction 3 1. The Nature of Mathematical Economics   4 2. Economic Models   8 Static (or Equilibrium) Analysis 33 3. Equilibrium Analysis in Economics   34 4. Linear Models and Matrix Algebra   53 5. Linear Models … Read More
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i. Preface   1 


Introduction 3 
1. The Nature of Mathematical Economics   4 
2. Economic Models   8 


Static (or Equilibrium) Analysis 33 
3. Equilibrium Analysis in Economics   34 
4. Linear Models and Matrix Algebra   53 
5. Linear Models and Matrix Algebra (Continued)   87 


Comparative-Static Analysis 129 
6. Comparative Statics and the Concept of Derivative   130 
7. Rules of Differentiation and Their Use in Comparative Statics   155 
8. Comparative-Static Analysis of General-Function Models   185 


Optimization Problems 227 
9. Optimization: A Special Variety of Equilibrium Analysis   228 
10. Exponential and Logarithmic Functions   264 
11. The Case of More than One Choice Variable   300 
12. Optimization with Equality Constraints   356 
13. Further Topics in Optimization   411 


Dynamic Analysis 453 
14. Economic Dynamics and Integral Calculus   454 
15. Continuous Time: First-Order Differential Equations   486 
16. Higher-Order Differential Equations   514 
17. Discrete Time: First-Order Difference Equations   555 
18. Higher-Order Difference Equations   579 
19. Simultaneous Differential Equations and Difference Equations   603 
20. Optimal Control Theory   642 
 A. The Greek Alphabet   666 
 B. Mathematical Symbols   667 
 C. A Short Reading List   670 
 D. Answers to Selected Exercises   673 
 E. Index   688 


i. Preface   1 


Introduction 3 
1. The Nature of Mathematical Economics   4 
2. Economic Models   8 


Static (or Equilibrium) Analysis 33 
3. Equilibrium Analysis in Economics   34 
4. Linear Models and Matrix Algebra   53 
5. Linear Models and Matrix Algebra (Continued)   87 


Comparative-Static Analysis 129 
6. Comparative Statics and the Concept of Derivative   130 
7. Rules of Differentiation and Their Use in Comparative Statics   155 
8. Comparative-Static Analysis of General-Function Models   185 


Optimization Problems 227 
9. Optimization: A Special Variety of Equilibrium Analysis   228 
10. Exponential and Logarithmic Functions   264 
11. The Case of More than One Choice Variable   300 
12. Optimization with Equality Constraints   356 
13. Further Topics in Optimization   411 


Dynamic Analysis 453 
14. Economic Dynamics and Integral Calculus   454 
15. Continuous Time: First-Order Differential Equations   486 
16. Higher-Order Differential Equations   514 
17. Discrete Time: First-Order Difference Equations   555 
18. Higher-Order Difference Equations   579 
19. Simultaneous Differential Equations and Difference Equations   603 
20. Optimal Control Theory   642 
 A. The Greek Alphabet   666 
 B. Mathematical Symbols   667 
 C. A Short Reading List   670 
 D. Answers to Selected Exercises   673 
 E. Index   688