This volume presents mathematical formulas and theorems common to economics. It includes both formulas like Roy`s identity that are peculiar to economics and formulas like Leibniz's rule that are common to many areas of applied mathematics. The volume is meant to be a reference work, to be used by students in conjunction with a textbook and by researchers in need of exact statements of mathematical results. The volume is the first grouping of this material for a specifically economist audience. This third edition is extensively revised and contains more than 250 new formulas, as well as new figures.
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Very nice manual, very usefull for studying. This manual has most of the formulas that an economist will need while studying for exams. Very concise and clear.
Economists' Mathematical Manual is a very good book. It gives in a very concise and clear way all an economist needs as far as maths and statistics are concerned. I would recommend the purchase!
Sydsaeter et al. have compiled what must be the most condensed reference book in the field, given its amazingly broad scope but small number of pages. Just a few of the multitude of topics covered in this book are set theory, dynamic optimization, vector spaces, convexity, determinants, risk aversion theory, and probability distributions. The presentational format is essentially that of an extensive list, with copious notes in the margins. The brevity of Economists' Mathematical Manual is simultaneously its greatest strength and its greatest weakness. The strength obviously lies in its diverse scope. Few books could claim to be authoritative over such a wide spectrum of subfields of economics. Yet the lack of exposition can also be perceived as a weakness. This book is extremely useful as a reference, but first-year Ph.D. students should be warned that it should be considered supplemental only. A textbook such as Simon and Blume's Mathematics for Economists or Chiang's Fundamental Methods of Mathematical Economics should be the reference of first recourse for anyone encountering mathematical economics for the first time.
Reviewed in the United States on September 27, 2006
This book is very helpful for any economist, especially for students. It includes many formulas that are common in economics. I used the book a lot during my first-year phd course and it was very helpful because it is pretty compact. However, be careful as there are some minor errors in the book. Second, I cannot recommend it if you are interested mainly in econometric theory. You will find the basic distributions and a couple of other formulas, however there are still too few formulas about GMM or Filters etc. All in all I would recommend you the book.
Ce bouquin est avant tout un outil pratique. Et, dans ce sens, il est absolument irréprochable. Très complet -on y traite des mathématiques de bases à des fins économiques mais aussi de finance, de probabilités et de statistiques, ainsi que de quelques pages en théorie des jeux- très précis, je ne peux que le recommander.