AnyBook4Less.com
Find the Best Price on the Web
Order from a Major Online Bookstore
Developed by Fintix
Home  |  Store List  |  FAQ  |  Contact Us  |  
 
Ultimate Book Price Comparison Engine
Save Your Time And Money

Fundamental Methods of Mathematical Economics

Please fill out form in order to compare prices
Title: Fundamental Methods of Mathematical Economics
by Alpha C. Chiang
ISBN: 0-07-010813-7
Publisher: McGraw-Hill/Irwin
Pub. Date: 01 February, 1984
Format: Hardcover
Volumes: 1
List Price(USD): $130.65
Your Country
Currency
Delivery
Include Used Books
Are you a club member of: Barnes and Noble
Books A Million Chapters.Indigo.ca

Average Customer Rating: 4.53 (19 reviews)

Customer Reviews

Rating: 5
Summary: Great Text & Reference Book
Comment: I used this book in my Mathematical Economics textbook in an Economics Masters program. This book covers ALOT of basic math material needed in economics. It is an excellent text/reference/review math book for a graduate level student in economics and possibly other areas in the social sciences. I highly recommend this book to any economics student (though it may be difficult for some undergraduates).

It covers the basics of number theory, economics related math (i.e. market equilibriums, etc.), linear (matrix) algebra, comparative static analysis, differentiation, integration, logarithmic & exponential functions, differential equations, and more that we did not cover in the class like programming. Even if you have taken many math classes outside of the field in economics, this book is a great bridge to apply that math to economics.

While most of the math in this book is not specific to economics, I would not strongly recommend it to science majors since only math that is commonly used in economics is discussed (i.e. no trig functions). In addition, this book does not cover econometrics (statistics) or probability at all.

For a hard-cover textbook, this book is small and relatively light so it would make a great reference book to keep in your bookbag.

Rating: 5
Summary: A must read for graduate students in economics
Comment: Alpha Chiang's text should serve as the foundation for all quantitive analysis done in economic theory. It is an invaluable teaching tool for graduate students in economics and will help them better understand the mathematical techniques that have become so necessary for economic modeling.

I am not a highly quantitative person myself, but I found Chiang's book comprehensible and a useful reference guide in my gradaute economics classes. Along with Hal Varian's "Microeconomic Theory" and Jan Kmenta's "Econometrics", I would say that Chiang's "Fundamentals of Mathematical Economics" should serve as sacred literature for any prospective graduate student in economics.

Rating: 2
Summary: Never quite goes to the point
Comment: I am writing my PhD dissertation in Economics. I was first assigned this book almost 10 years ago during my second year undergraduate course in mathematics for economists. This book has then kept resurfacing, for instance in the summer course in math that preceded my master.
Actually, I quite dislike the book. Lukily, I was given the choice between this book and Simon&Blume and I chose the latter. I unfortunately bought Chang first and started studying this becuase it was the "preferred text".
It turns out that Chang tries to make it too easy. It's great when books make the subject easy, and I abhor formalism for its own sake, but when you have to wade through pages and pages of bubbling and exercises to find out what the chapter is all about, then it is too sloppy. Please have nicely stated assumption, theorem, nicely worked out examples and explanations. No! Chang thinks that it is better to work out for you tons of examples without bothering to put it all together in a nice statement. I get lost in this! Too easy is wrongly easy, if the text book omit to clearly state all the assumptions (because it would be too difficult) you can be sure that my profs put a tricky case in the exam in which the assumptions are violated and you don't know what to do, because Chang never stated them, nor bothered to solve that specific case - or maybe he did solve that case but it got lost among the others.

Have a look at the table of content. The first half of the book is appropriate for a first undergraduate course in mathematics for economists, and the second half for a second course. It won't lead you much further than that.
Most masters will require you to learn at least hamiltonians (but that's easy). True problem is that this book does not really give you good basis for thinking mathematically in graduate school.

Similar Books:

Title: Econometric Analysis
by William H. Greene, William H Greene
ISBN: 0130661899
Publisher: Prentice Hall
Pub. Date: 22 August, 2002
List Price(USD): $130.00
Title: Microeconomic Theory: Basic Principles and Extensions
by Walter Nicholson
ISBN: 0030335930
Publisher: South-Western College Pub
Pub. Date: 26 October, 2001
List Price(USD): $117.95
Title: Mathematics for Economists
by Carl P. Simon, Lawrence Blume
ISBN: 0393957330
Publisher: W.W. Norton & Company
Pub. Date: April, 1994
List Price(USD): $122.15
Title: Microeconomic Analysis
by Hal R. Varian
ISBN: 0393957357
Publisher: W.W. Norton & Company
Pub. Date: March, 1992
List Price(USD): $80.95
Title: Schaum's Outline Introduction to Mathematical Economics
by Edward T. Dowling
ISBN: 007135896X
Publisher: McGraw-Hill Trade
Pub. Date: 30 August, 2000
List Price(USD): $15.95

Thank you for visiting www.AnyBook4Less.com and enjoy your savings!

Copyright� 2001-2021 Send your comments

Powered by Apache