It has been twenty years since the last edition of this classic book. Kevin Wainwright (British Columbia University and Simon Fraser University), a long time user of the text, has executed the perfect revision: he has updated examples, applications and theory without changing the elegant, precise presentation style of Alpha Chiang. Readers will find the wait was worthwhile
Livestock economics, or the application of economic methods to optimising the decisions made by livestock producers, grew to prominence around the turn of the 20th century. It focused on maximising the yield of livestocks while maintaining a good ecosystem. Throughout the last century, the discipline expanded and the current scope of the discipline is much broader. Livestock economics today includes a variety of applied areas, having considerable overlap with conventional economics. It combines the technical aspects of livestock production with the business aspects of management, marketing and finance.
This volume presents mathematical formulas and theorems commonly used in economics. It includes both formulas like Roy's identity that are peculiar to economics and formulas like Leibniz's rule that are common to many areas of applied mathematics. The volume is meant to be a reference work, to be used by students in conjunction with a textbook and by researchers in need of exact statements of mathematical results. The volume is the first grouping of this material for a specifically economist audience.
The Economist is a global weekly magazine written for those who share an uncommon interest in being well and broadly informed. Each issue explores the close links between domestic and international issues, business, politics, finance, current affairs, science, technology and the arts. In addition to regular weekly content, Special Reports are published approximately 20 times a year, spotlighting a specific country, industry, or hot-button topic.
Advances in Mathematical Economics is a publication of the Research Center for Mathematical Economics, which was founded in 1997 as an international scientific association that aims to promote research activities in mathematical economics.
