This book is adapted from the original version, Fundamental Methods Of Mathematics For Business And Economics, 4th Edition by Alpha C. Chiang and Kevin Wainwright. The adaptation material includes some cases in Indonesian context. This book also elaborates more illustrations and aplications on economics and business. By admitting Indonesian cases and adding conrete-aplicative examples, it is expeted that learning process becomes more effective and efficient so the student’s understanding will be highly improvedThe Following major types of economic analysis are covered static (equilibrium analysis), comparative statics, optimization problems (as a special type of static), dynamic, and dynamic optimization. The book should not only serve text for a course on mathematical methods, but also as supplementary reading in such courses as microeconomic theory, microeconomic theory, finacial management, operatioan management, operation research, econometrics, and economic growth and development.
CONTENTS
Part 1 Introduction
Chapter.1 The Nature of Mathematical Economics
Chapter.2 Economic Models
Part 2 Static (or Equilibrium) Analysis
Chapter.3 Equilibrium Analysis in Economics
Chapter.4 Linear Models and Matrix Algebra
Chapter.5 Linear Models and Matrix Algebra (Continued)
Part 3 Comparative-Static Analysis
Chapter.6 Comparative Statics and the Concept of Derivative
Chapter.7 Rules of Differentiation and Their Use in Comparative Statics
Chapter.8 Comparative-Static Analysis of General-Function Models
Part 4 Optimization Problems
Chapter.9 Optimization: A Special Variety of Equlibrium Analysis
Chapter.10 Exponential and Logarithmic Functions
Chapter.11 The Case of More Than One Choice Variable
Chapter.12 Optimization with Equality Constraints
Part 5 Dynamic Analysis
Chapter.13 Economic Dynamics and Integral Calculus