 |   Author : Michael Klein Edition : 2 Number of Pages : 580 Publisher : Addison Wesley List Price: Our Price: $158.76 You Save: $21.24 (12%) Used Price : $155.89 |
Product Description
How does your level of education affect your lifetime earnings profile? Will economic development lead to increased environmental degradation? How does the participation of women in the labor force differ across countries? How do college scholarship rules affect savings? Students come to economics wanting answers to questions like these. While these questions span different disciplines within economics, the methods used to address them draw on a common set of mathematical tools and techniques. The second edition of Mathematical Methods for Economics continues the tradition of the first edition by successfully teaching these tools and techniques through presenting them in conjunction with interesting and engaging economic applications. In fact, each of the questions posed above is the subject of an application in Mathematical Methods for Economics. The applications in the text provide students with an understanding of the use of mathematics in economics, an understanding that is difficult for students to grasp without numerous explicit examples. The applications also motivate the study of the material, develop mathematical comprehension and hone economic intuition.Mathematical Methods for Economics presents you with an opportunity to offer each economics major a resource that will enhance his or her education by providing tools that will open doors to understanding.SimilarProduct
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Customer reviews
Finally a step-by-step introductory graduate Econ-Math book 
by .. (College Station, TX)
The first year as a Ph.D. student in Economics is very hard, especially if you are coming directly from the undergraduate level. After reading very formal and pseudo-user friendly books such as Simon and Blume (1994) and Novshek (1993), when it comes to the practical stuff, you end up looking at Varian's (1992) appendix, using Silberberg (1990) and (of course!) Chiang's 1984 masterpiece. But, on the other hand, if you need a careful and very user-friendly explanation of topics such as continuous and discrete dynamic optimization as well as applications of the Envelope Theorem, I have not found a better book than Klein's Mathematical Methods.
It's good because of what it covers by .. Heinrich Bofinger (Washington, D.C.)
To one of the reviewers: The "delta-epsilon" definition of the limit really is tough - don't blame yourself or the book. Try Googleling it - everybody has a hard time explaining it.
What I like about the book is that I feel it is giving me a solid preparation for an advanced degree in economics. You just have to plow through it, and have confidence in the fact Klein chose the right material.
Nobody has said this stuff is easy...
You can know Economics easily by reading this book 
by .. hui-mun cho (Taegu, South Korea)
This book is used for students who major in Economics. Also, If you are interested in how Mathematics adjusts itself to change in Economics condition. As you read this book, you find the delight of Mathematics for Economics. You will aware the value of matrix algebra, caculus, and so on, specially.
You can know Economics easily by reading this book by .. hui-mun cho (Taegu, South Korea)
This book is used for students who major in Economics. Also, If you are interested in how Mathematics adjusts itself to change in Economics condition. As you read this book, you find the delight of Mathematics for Economics. You will aware the value of matrix algebra, caculus, and so on, specially.
Better be good at math to understand this book 
by .. M. Martinez (Houston, Texas USA)
I am currently using this textbook in an undergraduate Mathematical Economics class. I understood the material in the first chapter...until I came across the concept of limits. I have never taken a calculus class in my college career...I was only required to have taken finite mathematics before taking this class. So, when I read the material on limits, I had no idea what a limit was. And this textbook did not help in understanding it either. I had to check out a calculus textbook from the school library in order to finally understand what limits were. I bought Schaum's Outline of Introductory Mathematical Economics from Amazon, and so far, have found it more helpful in understanding Mathematical Economics than Klein's book. This book would probably be suitable for graduate students that have already obtained sufficient knowledge and proficiency from previous economics and math courses.
First, I would like to see more examples of the concepts in this book. MORE EXAMPLES!!!! Secondly, I would like to see the solutions in the back of the book expanded...maybe including all of the problems in the textbook worked out with correct answers...not just the odd problems and the answers. This would definitely help students check their work and know see where they made a mistake in working out a problem. I have seen this in two of the math textbooks that I have used for previous classes...my finite math book for example, not only had the solutions of odd numbered problems in the back of the book, students could also buy a solutions manual seperately. The solutions manual not only includes the right answers...it shows students how the problems are worked out to reach those answers. This helped me alot when working on a problem. When I realized that my answers were not correct, I checked the solutions manual to see where I made a mistake in working out the problem.
Michael Klein should publish an updated edition of this book and make it more student friendly.