Mathematics for Economists
Mathematics for Economists

Mathematics for Economists

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W. W. Norton & Company

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978039395733

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Mathematics for Economists Specs:
Product NameMathematics for Economists
ManufacturerW. W. Norton & Company
Product Number MPN3475377
Retail Price $149.10
EAN-139780393957334
EAN-1409780393957334
UPC978039395733
Specifications 
TitleMathematics for Economists
ISBN0393957330
Author(s)Carl P. Simon, Lawrence Blume
Release DateApril, 1994, 1994-04-01, 1994-04
FormatHardcover
Num of Pages954
Num. of Items1
EAN9780393957334
Dimensions9.38 x 7.22 x 1.56 in.
Weight2.8 lbs.
Deal first added on:20-January-2004

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Latest 6 Reviews
Here is what people are saying about the Mathematics for Economists
5 Star Rating  "for students of economics who also really like mathematics"2010-02-18
- Reviewed By TheHunn from Europa
This is a book for students of economics who also really like mathematics.

You may think that this book is similar to Chiang's book Fundamental Methods of Mathematical Economics, but you would be wrong to think so. The perspectives are different and therefore their "path of guidance" is also different: Chiang explains from the viewpoint of economics, Blume explains from the viewpoint of mathematics. In other words it uses the lens of mathematics to view the landscape of economics.

Therefore Blume's book is more "pure" mathematics than Chiang, i.e. you will learn more about mathematics in Blume's book than in the latter. Whether this is an important difference to you or not depends on how much you like mathematics as a subject and how much you wish to understand it.

Speaking as an Economics Masters student, either book will prepare you well for advanced studies. Speaking as a person who likes mathematics for its own sake, Blume's book is more rewarding to work with.

The problem I have had with books like Chiang's is that they were not rigorous enough: if I am to understand and use a method I need to understand the details, otherwise I am not convinced of the validity and usefulness of what I am learning, and the picture feels incomplete. Blume's book has given me the details I needed. It helped me understand mathematics and the structure of economic models better, something I often struggled with after working through less rigorous books.

Even-though the authors state in their preface that it is best if the prospective student already knows a little about calculus and matrix algebra before using the book: the first 9 chapters in the book - over 200 pages! -gives as good a coverage of these topics as any beginner's book that I have seen and worked with. So I would not be concerned if I had no prior knowledge of these topics.

In summary, before I found this book there was a big gap in my mind between the mathematical theory on the one hand and economic theory on the other. This relatively rigorous book narrowed that gap.
 
5 Star Rating  "Simon and Blume's Math for Economists"2010-02-15
- Reviewed By Peter Manchev
Very good book for those interested in an introductory survey of mathematical methods in economics, practically self-contained.
 
4 Star Rating  "needs update"2009-10-09
- Reviewed By Warren Shufeldt from springfield, il USA
I have not read the whole text but would have the following suggestions to improve the use of this textbook
1. update the references to current research
2. have the applications as seperate books by speciality
eg. political science
sociology
economics
etc
 
3 Star Rating  "Good econ/math text"2009-09-11
- Reviewed By Royce Vaughn from Pennsylvania, USA
This is a good book for Economists that need a math review. However, I had a problem teaching myself from this one.
 
4 Star Rating  "Wonderful Book"2009-03-27
- Reviewed By Dyland T. Daniels
Very helpful book. Provides wonderful explanations of how the math and economics interact. Great for those preparing for a PhD.
 
5 Star Rating  "Essential"2009-03-10
- Reviewed By Trevor Burnham from Ann Arbor, MI
I majored in Math, so, based on the title of the book, I figured that I'd never need it when I started taking PhD-level economics courses. How wrong I was. Many of the topics that are the bread-and-butter of mathematical economics (concavity and convexity, Kuhn-Tucker optimization) simply never came up in my undergraduate courses. This book explained them clearly and intuitively.

If you're starting graduate studies in economics, then I'd also strongly recommend Sundaram's A First Course in Optimization Theory. Its subject matter is mostly a subset of Mathematics for Economists, but optimization an often-tricky topic that you'll need to master.
 
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