Book dossier

Fundamental methods of mathematical economics

by Alpha C. Chiang, Kevin Wainwright

Chiang's *Fundamental Methods of Mathematical Economics* is an introduction to the mathematics of economics. It starts with a review of algebra and set theory then goes on through calculus, differential equations, matrix algebra, integration. It serves well as a transition from very basic economics up to graduate level economics. Theory behind economic models is discussed and the focus is on mathematical economics, deduction, instead of econometrics and statistical inference or induction.