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Mathematics and Methodology for Economics : Applications, Problems and Solutions (Hardcover) (Wolfgang
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This book about mathematics and methodology for economics is the result of the lifelong teaching experience of the authors. It is written for university students as well as for students of applied sciences. This self-contained book does not assume any previous knowledge of high school mathematics and helps in understanding the basics of economic theory-building. Starting from set theory this book leads the reader into learning linear and non-linear functions, differential equations, difference equations, and all necessary theoretical constructs in building sound economic models. The authors also provide a solid introduction to linear optimization and game theory using production systems; a detailed discussion on Nash Equilibrium, and non-linear optimization is also provided. Throughout the book, the student is provided with numerous examples and solutions to apply the knowledge into economic theories and models.