ABSTRACT

This book provides a brief yet rigorous introduction to various quantitative methods used in economic decision-making. It has no prerequisites other than high school algebra. The book begins with matrix algebra and calculus, which are then used in the book's core modes. Once the reader grasps matrix theory and calculus, the quantitative models can be understood easily, and for each model there are many solved examples related to business and economic applications.

chapter 1|40 pages

Vectors and Matrices

chapter 2|27 pages

Derivatives and Applications

chapter 3|27 pages

The Input-Output Model

chapter 4|27 pages

Optimization Theory: The Calculus Approach

chapter 5|20 pages

The Inventory Model

chapter 6|27 pages

Dynamic Techniques

chapter 7|36 pages

Linear Programming I: The Simplex Method

chapter 9|38 pages

Decision Analysis

chapter 10|27 pages

Game Theory

chapter 11|26 pages

Markov Chains

chapter 12|35 pages

The General Linear Model