An Introduction to Mathematical Analysis for Economic Theory and Econometrics |
Providing an introduction to mathematical analysis as it applies to economic theory and econometrics, this book bridges the gap that has separated the teaching of basic mathematics for economics and the increasingly advanced mathematics demanded in economics research today. Dean Corbae, Maxwell B. Stinchcombe, and Juraj Zeman equip students with the knowledge of real and functional analysis and measure theory they need to read and do research in economic and econometric theory. Unlike other mathematics textbooks for economics, An Introduction to Mathematical Analysis for Economic Theory and Econometrics takes a unified approach to understanding basic and advanced spaces through the application of the Metric Completion Theorem. This is the concept by which, for example, the real numbers complete the rational numbers and measure spaces complete fields of measurable sets. Another of the book's unique features is its concentration on the mathematical foundations of econometrics. To illustrate difficult concepts, the authors use simple examples drawn from economic theory and econometrics. Accessible and rigorous, the book is self-contained, providing proofs of theorems and assuming only an undergraduate background in calculus and linear algebra.
"I've struggled in teaching a math for economics course for several years without an appropriate text. This book will remedy this problem and, more generally, will fill a gap that has existed in the profession for at least a decade."--L. Joe Moffitt, University of Massachusetts "This book will prove extremely useful for anyone who wants to learn mathematical economics in an accessible and intuitive fashion, while still tackling advanced concepts. The range of topics is impressive, with many illuminating examples. An excellent text!"--Jaksa Cvitanic, California Institute of Technology "This book makes accessible an extraordinary amount of mathematics used in economics and carries it to a high level. By means of illustrative examples, the authors succeed in explaining most of the main ideas of economic theory. This is an important resource for economists and an excellent text for mathematics courses for economic graduate students."--Truman F. Bewley, Yale University "A much-needed textbook for graduate students and a useful desk reference for researchers, this book is of tremendous value to the economics profession because it bridges abstract mathematics and concrete economic applications. Given the current technical level required in research, knowledge of materials covered in this book is indispensable for graduate students."--Han Hong, Stanford University "Without ever sacrificing rigor, the authors have a style that will help students trying to decipher arcane mathematical ideas. I recommend this book to students."--Richard P. McLean, Rutgers University Subject Areas:
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