Product Description

Confusing Textbooks?

Missed Lectures?

Tough Test Questions?

Fortunately for you, there's Schaum's Outlines. More than 40 million students have trusted Schaum's to help them succeed in the classroom and on exams. Schaum's is the key to faster learning and higher grades in every subject. Each Outline presents all the essential course information in an easy-to-follow, topic-by-topic format. You also get hundreds of examples, solved problems, and practice exercises to test your skills.

This Schaum's Outline gives you

• Practice problems with full explanations that reinforce knowledge
• Coverage of the most up-to-date developments in your course field
• In-depth review of practices and applications

Fully compatible with your classroom text, Schaum's highlights all the important facts you need to know. Use Schaum's to shorten your study time-and get your best test scores!

Schaum's Outlines-Problem Solved.

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Product Details

• Amazon Sales Rank: #138619 in Books
• Published on: 2000-10-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 523 pages

About the Author

Edward T. Dowling, Ph.D., has been a Professor of Economics at Fordham University for twenty-six years. He has published several Schaum’s guides as well as numerous journal articles.

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Customer Reviews

no-nonsense time-saver
This book is straight to the point, the concepts are mainly explained through examples as well as walk-though excercises.

This is an upper-undergraduate or even graduate book on this topic, and so it assumes you know some algebra beforehand, but technically no prior knowledge of calculus is needed.

The book is best used for revision or as complementary material.
I cannot recommend this book to those new to calculus, it would be like trying to drive a car down a road without knowing what all the different signs mean. Respect the Instrument of Logic.
Books such as Chiang's Fundamental Methods of Mathematical Economics 3/e are much better to use if you are completely new to calculus.

There are no actual exercises in the book, only solved problems.
You can still use these as excercises though, just cover up the explained bit and try it yourself first.

The "excercises" in each chapter start out easy for each topic introduced, and then increase in difficulty, this means that you can adjust what you learn according to what your own abilities and goals are.
The applied excercises cover both microeconomics and macroeconomics, I think the proportion of each was very good.

I need to mention that some of the chapters on the economic applications require prior knowledge of intermediate and advanced macro & microeconomic Theory.
You need to know the economic concepts beforehand, as this book will not teach you that.

This book covers roughly the same content as Chiang's book.
But there are two major differences, one in methodology and one in presentation:
1. methodology; Chiang prefers to explain through words, Dowling through examples
2. presentation: Chiang is very formal or general in presenting his formulae - it's the type of math you see in journals, Dowling is more specific in his formulae - the type you see mostly in textbooks and is easier to work with

In my view, Chiang's book tends to focus more on microeconomic applications and less on macro, Dowling has a more even distribution.

For revision my preference is with this Schaum-book, it is much easier to look things up in this book - which is why it works so well as a reference and revision book.
With Chiang's book you can't really do that as the text "get's in the way".

Excellent Book on the Mathematics of Economics
When I was an undergraduate and graduate student in Chemistry and Mathematics, I used numerous Schaum's Outline Series. They are excellent books with clear explanations of theory and many solved problems that provide further insight into the theory and concepts presented. I found this to be especially true of this outstanding review of the mathematics used in economics. The review of the mathematical principles and theories was very comprehensive. This provided a good foundation for the discussions of the economics principles based upon these mathematical theories and principles. This approach helped me to relate the mathematics I had learned to the economics principles and theories presented. The solved problems are very outstanding and provide excellent examples for both the mathematics presented as well as the economics principles. I would strongly recommend this book to anyone taking either undergraduate or graduate microeconomics who needs a clear presentation of the mathematical principles used in microeconomics.