Essential Mathematics for Economics and Business

Více o knize

This textbook has established itself as a leading introductory resource for mathematics tailored to economics and business students. It adopts a non-rigorous approach, presenting fundamental mathematical concepts in a clear and concise manner, supported by numerous worked examples, graphs, and real-world applications. The second edition introduces new material covering essential topics such as currency conversion, annuities, debt repayment, sinking funds, and various integration techniques. Key sections have been rewritten for clarity, including discussions on straight lines, translations, exponential and hyperbolic functions, optimization, and inverse matrices. Additionally, a dedicated website offers supplementary resources for both lecturers and students. Feedback on the first edition highlights its effectiveness in addressing the needs of students with minimal mathematical backgrounds. Reviewers commend the range of exercises and the clarity of worked examples, which connect mathematical concepts to realistic problems. Many educators have noted a positive shift in student reception compared to previous texts, emphasizing the book's thoroughness without excessive rigor. Overall, it serves as a valuable tool for students beginning their journey in mathematics within the context of economics and business.