Further Mathematics for Economic Analysis (2nd Edition)

This book has essentially every mathematical tool an aspiring economist needs. They go through basic single and multivariable calculus, integral calculus, differential and difference equations, optimal control, dynamic programming, and some additional topics in analysis and topology. The book is more detailed than Simon and Blume and is more rigorous than Chiang, Klein, or SandB. Additionally, the authors provide an extensive solution manual in the back of the book, as well as, a more answers on the website. Bravo.

As a first year phd in economics, I read some similar books of the mathematics for economists, and this one is the best.

Wonderful book, great quality

This is a must have book for students studying for a masters in Economics or Finance

Nowadays Economics is a subject that needs some mathematical techniques, so diff equations and control theory became standard tool of a economist in order to understand the modern literature in Macroeconomics and Microeconomics.Authors are very well known, unfortunately one of the authors, Knut passed away several years ago. However the book is very actual.The requirements of the book are the basic courses in linear algebra, and calculus, if you don't feel comfortable, first have a look at the mathematics for economic analysis MEA by the same authors. Further Math... FMEA book is more advanced than MEA, but this time the objective is to teach mathematical tools that will be used in advanced courses in economics (Micro, Macro Econometrics).Topics that are covered here and are not so detailed in other popular books are:1. Concavity and Quasi-concavity of functions, point that has several applications in microeconomics, i.e. consumer and producer theory. Not just the classic differential theory about this functions is developed (classification thought Hessian), also other useful properties about them are showed (like classification for C1 functions). A detailed use of the implicit and inverse function theorems are developed with applications in economics.2. Differential equations and control theory have a immediate uses in macroeconomics and in game theory (differential games), this book have a very detailed introduction to this issues and develops tons of applications derived from economic theory in special economic growth.3. The chapter of optimization also develops the classic Lagrange theory and Nonlinear programing, however some important theorems are included as the sufficiency in Lagrange problems and the envelope theorem, also in non linear programing, techniques for dealing with nonnegative constrains are studied .4. Answers to the exercises are summarized in the end of the book and a guide with a set of exercises completely solved are available at the homepage of the publisher (student manual). The exercises are intermediate.I can detail more thinks (gamma function, fixed points, basic topology), summarizing, I strongly recommend you to get this book if you are doing and MSc or PhD in Economics or Finance.

Textbook arrived from the UK to Canada in less than a week. Textbook in excellent condition.

Good

Libro de nivel elevado. Lo utilice como apoyo para mi Máster.

Il libro top per studiare matematica avanzata applicata in campo economico.

This is the natural complement for "Essential Mathematics for Economic Analysis", especially for those who intend to work with modelling in post-graduate courses. Excellent material, well-organized, much as the previous basic book.