Matrix Algebra for Applied Economics Hardback
by Shayle R. (Departments of Biometrics and of Statistical Science, Cornell University) Searle, Lois Schertz (Food and Resource Economics Department, University of Florida) Willett
Part of the Wiley Series in Probability and Statistics series
Hardback
Description
Coverage of matrix algebra for economists and students ofeconomics Matrix Algebra for Applied Economics explains the important tool ofmatrix algebra for students of economics and practicing economists.It includes examples that demonstrate the foundation operations ofmatrix algebra and illustrations of using the algebra for a varietyof economic problems. The authors present the scope and basic definitions of matrices,their arithmetic and simple operations, and describe specialmatrices and their properties, including the analog of division.They provide in-depth coverage of necessary theory and deal withconcepts and operations for using matrices in real-life situations.They discuss linear dependence and independence, as well as rank,canonical forms, generalized inverses, eigenroots, and vectors.Topics of prime interest to economists are shown to be simplifiedusing matrix algebra in linear equations, regression, linearmodels, linear programming, and Markov chains. Highlights include: * Numerous examples of real-world applications * Challenging exercises throughout the book * Mathematics understandable to readers of all backgrounds * Extensive up-to-date reference material Matrix Algebra for Applied Economics provides excellent guidancefor advanced undergraduate students and also graduate students.Practicing economists who want to sharpen their skills will findthis book both practical and easy-to-read, no matter what theirapplied interests.
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Hardback
- Pages:432 pages, Tables: 29 B&W, 0 Color; Graphs: 5 B&W, 0 Color
- Publisher:John Wiley & Sons Inc
- Publication Date:14/09/2001
- Category:
- ISBN:9780471322078
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Hardback
- Pages:432 pages, Tables: 29 B&W, 0 Color; Graphs: 5 B&W, 0 Color
- Publisher:John Wiley & Sons Inc
- Publication Date:14/09/2001
- Category:
- ISBN:9780471322078