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Fundamental methods of mathematical economics
This book is written for those students of economics intent on learning the basic mathe matical methods that have become indispensable for a proper understanding of the current economic literature. Unfortunately, studying tnathematics is. for many, something akin to taking bitter-tasting medicine- absolutely necessary, but extremely unpleasant. Such an at titude, referred to as "math anxiety," has its roots-we believe-largely in the inauspicious manner in which mathematics is otlen presented to students. In the belief tha t conciseness means elegance, explanations offered are frequently too brieffor clarity, thus puzzling students and giving them an undeserved sense of intellectual inadequacy. An overly formal style of presentation, when not accompanied by any intuitive illustrations or demonstra tions of "relevance," can impair motivation. An uneven progression in the level of material can make certain mathematical topics appear more difficult than they actually arc. Finally, exercise problems that are excessively sophisticated may tend to shatter students' confidence, rather than stimute thinking as intended.
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