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Math for business and economics : compendium of essential formulas / Franz W. Peren.

Second edition.

9783662669754 (electronic bk.)
3662669757 (electronic bk.)
9783662669747
3662669749

Berlin : Springer, 2023.

English

1 online resource (631 pages) : illustrations (black and white, and color).

10.1007/978-3-662-66975-4 doi

HF5691

330.01/5195

This 2nd edition, revised and extended compendium contains and explains essential mathematical formulas within an economic context. Newly added content focuses on financial mathematics, now including an international comparison between different national methods used in the calculation of interest. Further, the annuity calculation now contains unique content. A broad range of aids and supportive examples will help readers to understand the formulas and their practical applications. This mathematical formulary is presented in a practice-oriented, clear, and understandable manner, as it is needed for meaningful and relevant application in global business, as well as in the academic setting and economic practice. The topics presented include, but are not limited to: mathematical signs and symbols, logic, arithmetic, algebra, linear algebra, combinatorics, financial mathematics, optimisation of linear models, functions, differential calculus, integral calculus, elasticities, economic functions, and the Peren Theorem. Given its scope, the book offers an indispensable reference guide and is a must-read for undergraduate and graduate students, as well as managers, scholars, and lecturers in business, politics, and economics.

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