Essential Mathematics for Economics and Business
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Average customer review:Product Description
Essential Mathematics for Economics and Business has become established as one of the leading introductory books on mathematics. It combines a non–rigorous approach to mathematics with applications in economics and business. The fundamental mathematical concepts are explained as simply and as briefly as possible, using a wide selection of worked examples, graphs and real–world applications.
- This second edition includes new material on important topics such as: currency conversion, annuities, debt repayment, sinking funds and Excel for linear algebra
- Sections rewritten in a clearer and more accessible style
- Includes a supplementary web page
"Excellent for those coming to maths after school/university....it is absolutely excellent as a text to get you up to speed very quickly. The explanations are clear and very well thought out without sacrificing important concepts. I couldn′t recommend it highly enough as a text book to give you a leg up into more involved mathematical economics."
—Amazon.co.uk 24 August 2004
"the most comprehensive reader in this topic yet, this book is an essential aid to the avid economist who loathes mathematics!"
—Amazon.co.uk 25 January 2002
Product Details
- Amazon Sales Rank: #282454 in Books
- Published on: 2002-05-24
- Original language: English
- Number of items: 1
- Binding: Paperback
- 656 pages
Editorial Reviews
From the Back Cover
Essential Mathematics for Economics and Business has become established as one of the leading introductory textbooks on mathematics for students of these subjects. It combines a non–rigorous approach to mathematics with applications in economics and business. The fundamental mathematical concepts are explained as simply and briefly as possible, using a wide selection of worked examples, graphs and real–world applications.
FEATURES:
- This second edition includes new material on important topics such as currency conversion, annuities, debt repayment, sinking funds, integration by algebraic substitutions, integration by parts, solution of equations, Gaussian elimination, and Excel for linear algebra.
- Sections on the following topics have been rewritten in a clearer and more accessible style: the straight line, some applications of translations, exponential functions, hyperbolic functions, optimisation of functions of one variable, and the inverse matrix.
- A website has been developed that contains supplementary material for lecturers, as well as additional material for students.
′The text is aimed at providing an introductory–level exposition of mathematical methods for economics and business students. In terms of level, pace, complexity of examples and user–friendly style the text is excellent – it genuinely recognises and meets the needs of students with minimal maths background.′ Colin Glass, University of Ulster
′One of the major strengths of this book is the range of exercises in both drill and applications. Also the "worked examples" are excellent; they provide examples of the use of mathematics to realistic problems and are easy to follow′ Donal Hurley, University College Cork
′Students have often complained bitterly about some of the texts we have used in the past. The feedback for this book is excellent′ Alexander Lee, University of Western Sydney
′Overall the book is very thorough without being too rigorous. Almost everything I would expect to see is there.′ Hilary Lamaison, Brunel University
′I used the text for the first time this semester and found it very good. So did the students!′ Anca Porojan, University of Bradford
About the Author
Teresa Bradley lectures in mathematics at Limerick Institute of Technology and has previously lectured in mathematics at the University of Limerick, Ireland.
Paul Patton lectures in economics at Limerick Senior College and has previously lectured at Galway Regional Technical College, Ireland.
Customer Reviews
Great...but not for degree level!
This was on my course reading list in my first year and I blindly bought it. Basically, if you can't do basic calculus, algebra or basic anything for that matter, this book if for you - anyone else need not apply!.... I'm giving it 4 stars as I suppose it does what it does it claims to very well.
Very Good for a Start on Mathematics!
I am a teacher of Introductory Mathematics for Economics. Traditionally, it is not very easy to find good introductory books of Mathematical Economics.
I consider this book to be one of the best. It covers the most important mathematical concepts and techniques such as functions, differentiation, partial differentiation, integration, differential equations, financial mathematics. In all the chapters the reader will find several progress exercises adequate to an introductory level.
The authors clearly show a great deal of concern with the economic applications. This is one of the best aspects of this book: for every mathematical technique explained, the authors present several economic applications.
If you are an undergraduate student of Economics or Business you will find this book extremely useful. If you are a Professor you will discover several interesting examples of mathematical applications to Economic analysis.
Excellent for those coming to maths after school/university
While this isn't suitable for those who did quantitative subjects at university, it is absolutely excellent as a text to get you up to speed very quickly. The explanations are clear and very well thought out without sacrificing important concepts.
I couldn't recommend it highly enough as a text book to give you a leg up into more involved mathematical economics.




