Mathematics for modern economics

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Hauptverfasser: Birchenhall, Chris (VerfasserIn), Grout, Paul (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Oxford Allan 1984
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MARC

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Datensatz im Suchindex

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adam_text Contents Preface ix Parti Differential Calculus 1 1 Algebra: The Language of Mathematics 3 Introductory Remarks 3 Sets 4 Basic Algebra 6 2 Functions of One Variable 13 Functions and their Graphs 13 Linear Functions 16 Quadratic Functions 21 Logarithmic and Exponential Functions 26 Composite Functions and Inverses 30 Limiting Values of Functions 31 Linear Simultaneous Equations 32 Exercises 35 3 Differentiation of Functions of a Single Variable 38 The Derivative 38 Rules for Differentiation 47 Problems 56 Exercises 58 v vi Contents 4 Differentiation of Functions of Several Variables 60 Vectors 60 Functions of Several Variables and Partial Functions 63 Partial Differentiation 68 Implicit Functions and Implicit Differentiation 70 Direction and Total Derivatives 74 Problems 80 Exercises 81 5 Unconstrained Optimisation 83 Functions of One Variable 83 Functions of Several Variables 90 Non linear Simultaneous Equations 94 Tangents and Tangent Functions 96 j Problems 99 I Exercises 101 i 6 Difference and Differential Equations 103 Introduction 103 Difference Equations 104 Integration 114 First Order Differential Equations 123 Problems 129 Exercises 130 : i 7 Concave and Convex Functions 132 Introduction 132 ¦¦ Concave Functions of a Single Variable 133 Concave Functions of Many Variables 143 Convex Functions 148 Problem 150 Exercises 150 Part II Constrained Optimisation 153 8 An Informal Introduction to Constrained Maximisation 155 Introduction 155 Maximisation of Utility Subject to a Budget Constraint 156 Cost Minimisation Subject to an Output Constraint 162 One Variable Constrained Maximisation 167 Problem 173 Contents vii 9 Lagrangian and Envelope Functions 174 Introduction 174 The Lagrangian Theorem and its Use 175 Interpreting the Lagrangian 177 The Envelope Function and the Lagrangian 179 The Concavity of the Envelope Function 181 The Proof of the Lagrangian Theorem 184 Problems 187 10 The Indirect Utility Function 190 Introduction 190 The Indirect Utility Function 191 Characteristic Properties of Indirect Utility Functions 195 Roy s Identity 199 Optimal Value Functions and Lagrangians 203 The Duality of Indirect and Direct Utility Functions 207 Problems 213 11 Expenditure, Cost and Profit Functions 215 Introduction 215 Expenditure Functions 215 The Cost Function 223 The Profit Function 231 Problems 242 12 The Envelope Theorem 245 Introduction 245 The Envelope Theorem 245 Applications to Consumer Behaviour 247 Applications to the Firm 249 Problems 252 13 Extensions to the Theory of Optimisation 258 Introduction 258 Monotonic Transformations and Indirect Concavity 259 Quasi Concavity 267 Lagrangians with Several Constraints and the Kuhn Tucker Conditions 269 Problems 274 viii Contents Part III Solutions to Problems: The Theory of the Consumer and Firm 277 14 Consumer Theory 279 The Consumption Decision 279 Indirect Utility, Expenditure and Demand Function 283 Aggregation and the Structure of the Indirect Utility Function 293 Intertemporal Consumption 296 Taxation 306 Consumer Surplus 309 Public Provision of Goods 312 Uncertainty 315 15 Costs and the Competitive Firm 319 Production Functions 319 The Perfectly Competitive Firm 337 16 Monopoly and Imperfect Competition 344 Monopoly 344 Imperfect Competition 355 Monopoly in the Input Market 364 Appendix 372 Introduction 372 Vectors and Matrices 372 Matrix Products 374 Determinants 377 Quadratic Forms 382 Length, Distance and Open Sets 383 Convex Sets and Concave Functions 387 Differentiation: The One Variable Case 389 Differentiation: Several Variables 393 Equality Constraints 396 Trigonometric Functions 396 Complex Numbers 399 Bibliography and Further Reading 406 Index 409
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spelling Birchenhall, Chris Verfasser aut
Mathematics for modern economics Chris Birchenhall and Paul Grout
Oxford Allan 1984
XII, 412 S. graph. Darst.
txt rdacontent
n rdamedia
nc rdacarrier
Mathématiques économiques
Mathématiques économiques ram
Economics, Mathematical
Wirtschaftsmathematik (DE-588)4066472-7 gnd rswk-swf
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spellingShingle Birchenhall, Chris
Grout, Paul
Mathematics for modern economics
Mathématiques économiques
Mathématiques économiques ram
Economics, Mathematical
Wirtschaftsmathematik (DE-588)4066472-7 gnd
subject_GND (DE-588)4066472-7
(DE-588)4151278-9
title Mathematics for modern economics
title_auth Mathematics for modern economics
title_exact_search Mathematics for modern economics
title_full Mathematics for modern economics Chris Birchenhall and Paul Grout
title_fullStr Mathematics for modern economics Chris Birchenhall and Paul Grout
title_full_unstemmed Mathematics for modern economics Chris Birchenhall and Paul Grout
title_short Mathematics for modern economics
title_sort mathematics for modern economics
topic Mathématiques économiques
Mathématiques économiques ram
Economics, Mathematical
Wirtschaftsmathematik (DE-588)4066472-7 gnd
topic_facet Mathématiques économiques
Economics, Mathematical
Wirtschaftsmathematik
Einführung
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