This is the new edition of
a popular student textbook. The first edition was well-received. The author has made
revisions and additions to enhance the book's usefulness without destroying its
distinctive character as a lucid, thorough, and readable text. It gives a broad treatment
of optimization methods, building on simple economic theory and elementary linear algebra
and calculus, and reinforcing each new mathematical idea by relating it to its economics
application.
Readership: Second- and
third-year undergraduates on economics courses with a reasonable quantitative content;
postgraduate students who need to use mathematically sophisticated treatments at variance
with their earlier work.
Table of Contents
Lagrange's Method;
Extensions and Generalizations; Shadow Prices; Maximum Value Functions; Convex Sets and
Their Separation; Concave Programming; Second-order Conditions; Time: The Maximum
Principle; Uncertainty; Dynamic Programming; Appendix - Kuhn-Tucker Theorem.
188 pages