Mathematics for economists

An introductory textbook (new edition)

By Malcolm Pemberton and Nicholas Rau

Mathematics for economists

Book Information

  • Format: Paperback
  • ISBN: 978-1-7849-9148-7
  • Pages: 776
  • Publisher: Manchester University Press
  • Price: £35.00
  • Published Date: September 2015
  • BIC Category: Economic theory & philosophy, Business mathematics & systems, BUSINESS & ECONOMICS / General, Business & Management, Applied mathematics, MATHEMATICS / Applied, Economics, finance, business & management / Economic theory & philosophy, Economics, Mathematics, Mathematics & science / Mathematics, Economics, finance, business & management / Business mathematics & systems


This book is a self-contained treatment of all the mathematics needed by undergraduate and masters-level students of economics. Building up gently from a very low level, the authors provide a clear, systematic coverage of calculus and matrix algebra. The second half of the book gives a thorough account of probability, optimisation and dynamics. The final two chapters are an introduction to the rigorous mathematical analysis used in graduate-level economics. The emphasis throughout is on intuitive argument and problem-solving. All methods are illustrated by examples, exercises and problems selected from central areas of modern economic analysis.

The book's careful arrangement in short chapters enables it to be used in a variety of course formats for students with or without prior knowledge of calculus, for reference and for self-study.

This new fourth edition includes two chapters on probability theory, providing the essential mathematical background for upper-level courses on economic theory, econometrics and finance. Answers to all exercises and complete solutions to all problems are available online from a regularly updated website.


Malcolm Pemberton is Senior Lecturer in Economics at University College London

Nicholas Rau is Honorary Senior Lecturer in Economics at University College London


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