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The revised and extended 3rd edition focuses on essential mathematical formulas tailored for economic applications. It introduces the practical use of optimization through the Lagrange function, addressing linear optimization scenarios. The book highlights how to determine relative extremes (minima or maxima) of a linear target function under specific constraints, emphasizing its significance in business management practices. This edition enhances understanding of mathematical concepts in real-world economic contexts.
Nákup knihy
Math for Business and Economics, Franz W. Peren
- Jazyk
- Rok vydania
- 2024
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- Podtitul
- Compendium of Essential Formulas
- Jazyk
- anglicky
- Autori
- Franz W. Peren
- Vydavateľ
- Springer Berlin Heidelberg
- Rok vydania
- 2024
- Väzba
- pevná
- Počet strán
- 668
- ISBN13
- 9783662688595
- Série
- Anotácia
- The revised and extended 3rd edition focuses on essential mathematical formulas tailored for economic applications. It introduces the practical use of optimization through the Lagrange function, addressing linear optimization scenarios. The book highlights how to determine relative extremes (minima or maxima) of a linear target function under specific constraints, emphasizing its significance in business management practices. This edition enhances understanding of mathematical concepts in real-world economic contexts.