Mathematics for Finance, Business and Economics
eBook - ePub

Mathematics for Finance, Business and Economics

  1. 210 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Mathematics for Finance, Business and Economics

About this book

Mastering the basic concepts of mathematics is the key to understanding other subjects such as Economics, Finance, Statistics, and Accounting. Mathematics for Finance, Business and Economics is written informally for easy comprehension. Unlike traditional textbooks it provides a combination of explanations, exploration and real-life applications of major concepts.

Mathematics for Finance, Business and Economics discusses elementary mathematical operations, linear and non-linear functions and equations, differentiation and optimization, economic functions, summation, percentages and interest, arithmetic and geometric series, present and future values of annuities, matrices and Markov chains.

Aided by the discussion of real-world problems and solutions, students across the business and economics disciplines will find this textbook perfect for gaining an understanding of a core plank of their studies.

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Yes, you can access Mathematics for Finance, Business and Economics by Irénée Dondjio,Wouter Krasser in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Routledge
Year
2019
Print ISBN
9780367476410
eBook ISBN
9781000035896
Image

1

Elementary Mathematical Concepts and Operations

After studying this chapter you should be able to:
• add, subtract, multiply and divide positive and negative numbers
• understand the concept of a square root
• expand and evaluate an algebraic expression
• plot points on a graph
The aim of this chapter is to introduce the basic operations (addition, substraction, multiplication and division) used in algebra. The main focus will be on the properties of real numbers and the basic manipulation of algebraic expressions, collecting algebraic expressions with like terms.
Arithmetic is the ABC of Math. Addition, subtraction, multiplication, and division are the basics of Math and every Math operation known to humankind. In one way or another, every equation, graph, and many other things can be broken down into the ABCs of Math: the four basic operations. As people say, Math is a language, and addition, subtraction, multiplication, and division are its alphabet, along with the number line as well. The properties are basically proven ways to apply the mechanics of arithmetic to certain situations (source: www.writework.com).
Is Mathematics only for a few kids?
Is Mathematics only for a few clever kids who are genetically disposed towards the subject?...

Table of contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Preface
  5. Table of Contents
  6. Introduction
  7. 1 Elementary Mathematical Concepts and Operations
  8. 2 Linear Equations
  9. 3 Non-Linear Functions and Equations
  10. 4 Functions and Differentiation
  11. 5 Economic Application of Functions and Differentiation
  12. 6 Σummation, Percentages and Interest
  13. 7 Arithmetic and Geometric Series
  14. 8 Annuity and Amortization
  15. 9 Matrices and Markov Chains
  16. Solutions
  17. Bibliography
  18. Picture credits
  19. Glossary
  20. Index
  21. About the authors