Math for Business and Economics
- This 4th edition revised and extended compendium contains and explains essential mathematical formulas within an economic context. Newly added content introduces non-linear optimization, focusing on maximizing or minimizing real problems using at least one non-linear function and continuous variables. It explains how non-linear programs may include various constraints, are influenced by the properties of the objective functions and the admissible domain, and are characterized by iterative solution processes that ideally converge to feasible, locally optimized solutions.
| Document Type: | Book (monograph, edited volume) |
|---|---|
| Language: | English |
| Author: | Franz W. Peren |
| Subtitle (English): | Compendium of Essential Formulas |
| Edition: | 4th edition |
| Number of pages: | XXIV, 655 |
| ISBN: | 978-3-662-71170-5 |
| ISBN: | 978-3-662-71171-2 |
| ISBN: | 978-3-662-71173-6 |
| DOI: | https://doi.org/10.1007/978-3-662-71171-2 |
| Publisher: | Springer |
| Place of publication: | Berlin, Heidelberg |
| Date of first publication: | 2025/04/26 |
| Copyright: | The Author(s), under exclusive license to Springer-Verlag GmbH, DE, part of Springer Nature 2025 |
| Keywords: | Annuity calculation; Arithmetic; Combinatorics; Differential calculus; Economic functions; Elasticities; Financial mathematics; Integral calculus; Investment calculation; Lagrange function; Linear algebra; Linear optimisation; Logic; Market equilibrium; Mathematical signs and symbols; Non-linear optimisation; Optimisation of linear models; Sinking fund calculation; The Peren Theorem |
| Departments, institutes and facilities: | Fachbereich Wirtschaftswissenschaften |
| Dewey Decimal Classification (DDC): | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Entry in this database: | 2025/04/23 |
