Mathematical Methods and Models for Economists
Author: Angel de la Fuente
List Price: $45.00
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ISBN: 0521585295
Publisher: Cambridge Univ Pr (Trd) (15 February, 2000)
Sales Rank: 61,287
Average Customer Rating: 3.71 out of 5
Customer Reviews
Rating: 5 out of 5
Great value, for the right user
I used this book extensively during my first year Ph.D. Econ. It has almost all the basics of the math I used. I agree that it is not a novel-style, Math. Maturity is required and as any First Edition has some typos (but to discover them -by constructing counterexamples- is a great way to show yourself you are understading the concepts and questioning all the assumptions). It has a good presentation of the Berge's (Theorem of the Maximum) and Static Optimization. Its section on dynamic optimization is mostly under continuum time, that I find not too popular nowadays. It is a great reading for the summer before Grad.School but never hesitate to consult lower-level books also -e.g. Simon and Blume. After this, I would read either Debreu's Theory of Value Math. Chapters or Takayama's.
Rating: 3 out of 5
Second Best Optimal
'Mathematical Methods' is the best math econ text you can buy. It does a far better job of explaining math modeling than Takayama or Simone and Blume. It reads better than Chiang. Its' broad coverage of techniques should be enough to satisfy most any instructor.It starts off by running through some important basics- set theory, Venn diagrams, proofs. It then works up to calculus and optimization. It could use some more game theory, and should ditch the section on ISLM. The main strength of this book is that, unlike other math econ texts, one can read and understand it without prior knowledge of advanced mathmatics.
Of course, nobody really needs to learn all, or even most of, the math in this book. To get credentails as an economist, students must jump through many a mathematical hoop. This book helps students through this better than any of the alternatives. It has a reasonable paperback price too. Do not expect to have much fun reading 'Mathematical Methods'. Just bear in mind that there are far worse books to use in studying math econ.
Rating: 4 out of 5
hard book
yes, those people from UC,USA are right. this book is really hard for a student not specialized in mathematics. I do think mathematics for economics written by c. simon is an excellent book. But for those who want to deepen his knowledge, you should read these two books together. Similar Products
Econometric Analysis
Mathematics for Economists
Recursive Macroeconomic Theory
Game Theory for Applied Economists
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