Publisher's Synopsis
Designed as a first year course in mathematics for economics students at British universities and polytechnics, this textbook has been developed to integrate students of varying mathematical backgrounds and abilities and to introduce them in a straightforward manner to the principles of economic theory.;The text begins with an examination of equation systems and their solutions, providing the opportunity to introduce both the distinction between the structural and reduced forms of equation systems and the distinction between stock and flow variables in economics. The book then deals with differential and integral calculus, and the mathematical economics of businesses and consumers. The course concludes with an introduction to dynamic analysis and matrix algebra.
