Mathematical Methods in Economics and Social Choice, 2nd edition
Norman Schofield, "Mathematical Methods in Economics and Social Choice, 2nd edition"
English | ISBN: 3642398170 | 2014 | 300 pages | PDF | 4 MB
English | ISBN: 3642398170 | 2014 | 300 pages | PDF | 4 MB
In recent years, the usual optimization techniques, which have proved so useful in microeconomic theory, have been extended to incorporate more powerful topological and differential methods, and these methods have led to new results on the qualitative behavior of general economic and political systems. These developments have necessarily resulted in an increase in the degree of formalism in the publications in the academic journals. This formalism can often deter graduate students. The progression of ideas presented in this book will familiarize the student with the geometric concepts underlying these topological methods, and, as a result, make mathematical economics, general equilibrium theory, and social choice theory more accessible.