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Economic theory and operations analysis/ William J. Baumol

By: Material type: TextTextPublication details: New Delhi: Prentice-Hall of India, 1972Edition: 3rdDescription: xiii, 626 pages; dig.; 24 cmSubject(s): DDC classification:
  • 23rd. 330.182 B348
Contents:
Analytic tools of Optimization -- Optimizatyion and on Example from Inventory Analysis -- Some Ellementary Mathematics -- Marginal Analysis -- Maximization, minimization and Elementary Differential Calculus -- Linear Programming -- Duality -- Non- Linear Programming -- Micro-economic Analysis -- Theory of Demand -- On Empirical Determination of Demand Relationship -- Production and Cost -- Linear Programming and the theory of Production -- The Firm and Its Objectives -- Markets Structure, Pricing and Output -- General Equilibrium and the Theory of Money -- General Equilibrium and Welfare economics -- Theory of distribution -- theory of Capital -- Capital budgeting -- Recent Developments in Mathematical Economics -- Input- Output analysis -- Activity Analysis and General Equilibrium -- Neumann- Morgenstern Cardinal Utility -- Game theory -- Decision theory -- Postscript on Computers -- Observation on electronic computers
Summary: This Edition from its predecessor largely in the addition of some fairly extensive material on the Kuhn- Tucker Theorem, including a discussion of a number of its important applications in economics. Several exercises using these materials are intended to demonstrate how this powerful theorem can be applied to obtain qualitative results in economic analysis. In addition, the discussion of the simplex methods has been modified and improved at several times.
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Includes Index

Analytic tools of Optimization --
Optimizatyion and on Example from Inventory Analysis --
Some Ellementary Mathematics --
Marginal Analysis --
Maximization, minimization and Elementary Differential Calculus --
Linear Programming --
Duality --
Non- Linear Programming --
Micro-economic Analysis --
Theory of Demand --
On Empirical Determination of Demand Relationship --
Production and Cost --
Linear Programming and the theory of Production --
The Firm and Its Objectives --
Markets Structure, Pricing and Output --
General Equilibrium and the Theory of Money --
General Equilibrium and Welfare economics --
Theory of distribution --
theory of Capital --
Capital budgeting --
Recent Developments in Mathematical Economics --
Input- Output analysis --
Activity Analysis and General Equilibrium --
Neumann- Morgenstern Cardinal Utility --
Game theory --
Decision theory --
Postscript on Computers --
Observation on electronic computers

This Edition from its predecessor largely in the addition of some fairly extensive material on the Kuhn- Tucker Theorem, including a discussion of a number of its important applications in economics. Several exercises using these materials are intended to demonstrate how this powerful theorem can be applied to obtain qualitative results in economic analysis. In addition, the discussion of the simplex methods has been modified and improved at several times.

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