Mathematics for Business and Economics is the ideal introductory book for students majoring in economics and financial mathematics as well as those who want to further their understanding of the problems facing businesses. Many of the texts currently available contain material on statistics as well as mathematics, while others are more suitable for students majoring in mathematics. This book concentrates on clear explanations with plenty of examples. Most of the problems have fully worked answers.
Topics included are:
- basic algebra
- set theory
- functions
- introductory calculus
- multivariate calculus
- financial mathematics
- linear algebra.
Penelope de Boer (BSc Maths, Canterbury) is a trained teacher who has taught at St Bede’s College in Christchurch. After time out to raise four children she returned to teach at Otago Polytechnic. She now teaches first-year courses in quantitative studies and economics at Victoria University where she is the 100-level Programme Director in the School of Economics and Finance. She has previously published Maths Made Easy (Pearson Education, 2002), a book for those who have never enjoyed maths, nor been good at it, but recognise that they need to understand basic mathematics in order to progress in their careers.
Mohammed Khaled (BA Dhaka, MSc (Econ) Islam, MA (Econ) Essex, PhD Br Col.) has been teaching mathematics to students at the Faculty of Commerce and Administration at Victoria University since 1998, but he has been teaching economics here since 1985. He also taught economics as a visiting teacher at the Universities of British Columbia, Hawaii and Sydney. His teaching philosophy is to back up applications with a theoretical understanding of why things work in the simplest possible way. Since he also teaches microeconomics and econometrics, the mathematical linkages to these and other subjects taken by commerce students are considered carefully in his teaching of mathematics.