000			nam a22 4500
999			_c33242 _d33242
008			240405b xxu||||| |||| 00| 0 eng d
020			_a9789811273353 _chbk.
082			_a330.015195 _bCHA
100			_aChatterji, Monojit
245			_aProblem solving in economics : a quantitative approach
260			_bWorld Scientific, _c2024 _aNew Jersey :
300			_axiv, 288 p. ; _bill., _c24 cm.
365			_d86.30 _b88.00 _c$
504			_aIncludes index.
520			_aThis book reinforces an understanding of Economics by showing how basic mathematics is used to construct models of the economy. By taking wide-ranging examples drawn for virtually all areas of economics, it shows how model-building is an indispensable aid to understanding economics. The mathematical techniques used in the book are fairly rudimentary - optimisation methods and equation-solving are the primary tools used. A brief explanation of constrained optimisation using Lagrange multipliers is provided. Throughout, the emphasis is on how these techniques are fruitfully deployed in constructing economic models and solving economic problems. It bridges the gap between mathematical analysis and economic logic. For readers, it builds confidence in constructing their own models for purposes of analysis.
650			_aEconometrics
650			_aAbsolute value
650			_aBudget line
650			_aCompetitive market
650			_aContract curve
650			_aExogenous variables
650			_aDemand curve
650			_aIncome effect
650			_aMoney supply
650			_a Supply curve
650			_aNominal interest rate
650			_aPerfect competition
650			_aSubstitution effect
650			_aUtility function
650			_aMathematical models
650			_aPolitical economy
650			_aMacroeconomics
650			_aEquilibrium
650			_aMacro models
650			_aMonetary economics
942			_2ddc _cBK