This book is a companion volume to Essential Mathematics for Economic Analysis by Knut Sydsaeter and Peter Hammond. The new book is intended for advanced undergraduate and graduate students of economics whose requirements go beyond the material usually taught in undergraduate mathematics courses for economists. It presents most of the mathematical tools that are required for advanced courses in economic theory - both micro and macro.
Knut Sydsæter, Atle Seierstad, and Arne Strøm all have extensive experience in teaching mathematics for economists in the Department of Economics at the University of Oslo. With Peter Berck at Berkeley, Knut Sydsæter and Arne Strøm have written a widely used formula book, Economists’ Mathematical Manual (Springer, 2005). The 1987 North-Holland book Optimal Control Theory for Economists by Atle Seierstad and Knut Sydsæter is still a standard reference in the field.
Visit www.pearsoned.co.uk/sydsaeter to access the supplementary resources for this text including a new Student’s Manual with extended answers broken down step by step to selected problems in the text.
I have found this book to great at teaching many of the mathematical tools needed for the economics, especially the many different optimisation problems with multivariabel calculus and linear algebra. Though i would have liked the linear algebra section to include that of the first book more in depth rather than a brief review (Essential Mathematics for Economic Analysis). It could also at times feel very difficult due to the mathematical rigour. It has many problems/excercises that are of economic nature and of a practical nature to solve and learn. All in all this book has been a great learning experience.