Applications of calculus in business and economics:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Menlo Park, Calif.
Benjamin
1973
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XIII, 492 S. graph. Darst. |
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MARC
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Record in the Search Index
| _version_ | 1804121531881619456 |
|---|---|
| adam_text | CONTENTS
1. MATHEMATICS IN ECONOMICS AND MANAGEMENT 1
1.1 Is Mathematics Useful in Economics
and Management? 1
1.2 The Role of Mathematics in the
Academic Study of Economics and
Management 2
1.3 The Role of Mathematics in the
Practice of Business and Economics 4
1.4 The Organization of This Book 6
2. FUNCTIONS IN THE WORLD OP AFFAIRS 7
2.1 Functions in Economic Theory 7
2.2 Demand Functions 7
2.3 Cost Functions 17
2.4 The Profit Function 21
2.5 Functions in the World of Affairs 22
3. QUALITY INSPECTION 31
3.1 Threads and Spools 31
3.2 Inspecting Spools 32
3.3 Designing an Inspection Plan 45
3.4 Average Outgoing Quality 55
3.5 Quality Inspection 59
4. GEOMETRY AND ECONOMIC REASONING 63
4.1 The Role of Geometry in Economic
Analysis 63
4.2 Demand, Supply, and Price 64
4.3 National Income and the Multiplier 8l
ix
x Contents
4.4 Multiproduct Production 86
4.5 Geometry and Economic Reasoning 92
5. DEVELOPING MARKET DEMAND AND SUPPLY
FUNCTIONS 97
5.1 Combining Demand and Supply Decisions
of Individuals 97
5.2 Combining Individual Demand Curves 98
5 3 Combining Individual Supply Curves 104
5.4 Developing Market Demand and Supply
Functions 110
6. STOCKS AND BONDS 113
6.1 Capital and Its Acquisition 113
6.2 The Concept of Present Value 114
6.3 Bond Prices 115
6.4 Stock Prices 128
7. MARGINAL ANALYSIS 140
7.1 The Concept of the Margin in
Economic Analysis 140
7.2 Marginal Analysis in the Theory
of the Firm 140
7.3 Marginal Analysis and Investment 159
7.4 Marginal Analysis and the Derivative 165
8. EQUILIBRIUM 168
8.1 Two Important Questions of Policy 168
8.2 Market Equilibrium in a Static World:
A Problem in Ecology 170
8.3 Market Equilibrium in a Dynamic
World 189
8.4 Equilibrium, Convergence, and the
Real World 197
Contents xi
9. OPTIMAL INVENTORY 201
9.1 Building a Retail Distribution
Warehouse 201
9.2 Costs in Inventory Problems 202
9.3 Minimizing Total Inventory Costs 206
9.4 The Warehouse Again 217
10. CAPITAL BUDGETING 222
10.1 Capital Budgeting Again 222
10.2 Evaluating the Rate of Return
on a Project 225
10.3 An Analytical Convenience 242
10.4 Mathematics and Capital Budgeting 249
11. PROBLEMS IN MACROECONOMICS 252
11.1 Some Concepts of Macroeconomics 252
11.2 The Consumption Function 255
11.3 Income Determination:
A Simple Model 258
11.4 Income Determination:
Government and Taxes 262
11.5 What Was Left Out? 272
12. MORE ON BEHAVIOR OP THE FIRM 276
12.1 The Firm 276
12.2 Production Process 277
12.3 The Cost Output Function 291
12.4 Decision on Output 295
13. ECONOMIC GROWTH AND CHANGE 306
13.1 The Acceleration Principle 306
13.2 Income Determination by the
Interaction of Accelerator and
Multiplier 307
13.3 Forecast Errors and Income 3l4
xii Contents
13.4 Cycles in Income 321
13 5 Differential Equations in Economics 330
14. COMMON STOCKS AND THE ROLE OP THE STOCK
MARKET 334
14.1 The Valuation of Common Stock 334
14.2 Dividends and Dividend Growth 336
14.3 Models for Stock Valuation 340
14.4 The Role of the Stock Market 356
15. DECISIONS UNDER UNCERTAINTY:
(1) BASIC CONCEPTS 36l
15 1 Uncertainty and Probability 361
15.2 Decisions and Utility 363
15.3 Choice Between Risky Alternatives 371
15.4 The Value of Information 376
15 5 Decisions Under Uncertainty 383
16. DECISIONS UNDER UNCERTAINTY:
(2) ADVANCED APPLICATIONS 386
16.1 An Analytical Approach to Inventory
Problems 387
16.2 An Analytical Approach to Comparing
Risky Alternatives 396
16.3 Dynamic Decision Problems 398
16.4 Dynamic Programming and the Optimal
Solution 405
16.5 Postscript 415
17. FIRMS WITH TWO PRODUCTS 4l9
17.1 A More Realistic Firm 4l9
17.2 Competitive and Complementary
Demand Relationships 420
17.3 Economies and Diseconomies in Cost 424
Contents xiii
17.4 Optimal Output in a Two Product
Firm 426
17.5 Multiproduct Firms 439
18. MORE ON MULTIPRODUCT FIRMS: LINEAR
PROGRAMMING 442
18.1 Formulation of the Problem and
Properties of the Solution 442
18.2 Finding Corner Points 448
18.3 Linear Programming Technique 467
18.4 Linear Programming in Practice 485
INDEX 488
|
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| dewey-sort | 3330 11 3515 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
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| id | DE-604.BV007300730 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T16:59:28Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-004693923 |
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| physical | XIII, 492 S. graph. Darst. |
| publishDate | 1973 |
| publishDateSearch | 1973 |
| publishDateSort | 1973 |
| publisher | Benjamin |
| record_format | marc |
| spelling | Thompson, Howard E. Verfasser aut Applications of calculus in business and economics Howard E. Thompson Menlo Park, Calif. Benjamin 1973 XIII, 492 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Business mathematics Calculus Economics, Mathematical HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=004693923&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Thompson, Howard E. Applications of calculus in business and economics Business mathematics Calculus Economics, Mathematical |
| title | Applications of calculus in business and economics |
| title_auth | Applications of calculus in business and economics |
| title_exact_search | Applications of calculus in business and economics |
| title_full | Applications of calculus in business and economics Howard E. Thompson |
| title_fullStr | Applications of calculus in business and economics Howard E. Thompson |
| title_full_unstemmed | Applications of calculus in business and economics Howard E. Thompson |
| title_short | Applications of calculus in business and economics |
| title_sort | applications of calculus in business and economics |
| topic | Business mathematics Calculus Economics, Mathematical |
| topic_facet | Business mathematics Calculus Economics, Mathematical |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=004693923&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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