21 equations that shaped the world economy: understanding the theory behind the equations

By:

Michaelides, Panayotis G

Material type: Text

TextPublication details: Palgrave Macmillan Cham 2024Description: xxiii, 285 pISBN:

9783031761393

Subject(s):

DDC classification:

338.91 MIC

Summary: This accessible and engaging textbook provides an introduction to the equations that have defined economics and shaped the global economy. It not only presents the ideas, concepts, and applications that underpin these equations, but also places them within their broader social and historical contexts. Simple mathematical examples and illustrations of the real-world application of the equations are combined with an overview of the implications to give a complete understanding of the power and importance of each equation. It will be relevant to economics students wishing to broaden their understanding of mathematics, mathematical economics, applied economics, and the history of economic thought. (https://link.springer.com/book/10.1007/978-3-031-76140-9)

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Public Policy & General Management	338.91 MIC (Browse shelf(Opens below))	1	Available		008473

Table of contents:
Front Matter
Pages i-xxiii
Download chapter PDF
Compound Interest Rate
Panayotis G. Michaelides
Pages 1-13
The Normal Distribution
Panayotis G. Michaelides
Pages 15-27
Ordinary Least Squares
Panayotis G. Michaelides
Pages 29-44
Production Function and Total Factor Productivity
Panayotis G. Michaelides
Pages 45-57
The Profit Rate
Panayotis G. Michaelides
Pages 59-68
General Equilibrium
Panayotis G. Michaelides
Pages 69-88
Input-Output Analysis
Panayotis G. Michaelides
Pages 89-102
Break-Even Point
Panayotis G. Michaelides
Pages 103-112
The Fisher Equation
Panayotis G. Michaelides
Pages 113-120
Net Present Value
Panayotis G. Michaelides
Pages 121-130
The Income Accounting Equation
Panayotis G. Michaelides
Pages 131-139
The Nash Equilibrium
Panayotis G. Michaelides
Pages 141-152
Capital Asset Pricing Model
Panayotis G. Michaelides
Pages 153-160
Quantity Theory of Money
Panayotis G. Michaelides
Pages 161-170
The Cost Function
Panayotis G. Michaelides
Pages 171-184
The Solow Growth Model
Panayotis G. Michaelides
Pages 185-197
The Phillips Curve
Panayotis G. Michaelides
Pages 199-207
The Gravity Equation
Panayotis G. Michaelides
Pages 209-218
The Granger Causality Equation
Panayotis G. Michaelides
Pages 219-227

[https://link.springer.com/book/10.1007/978-3-031-76140-9]

This accessible and engaging textbook provides an introduction to the equations that have defined economics and shaped the global economy. It not only presents the ideas, concepts, and applications that underpin these equations, but also places them within their broader social and historical contexts. Simple mathematical examples and illustrations of the real-world application of the equations are combined with an overview of the implications to give a complete understanding of the power and importance of each equation.

It will be relevant to economics students wishing to broaden their understanding of mathematics, mathematical economics, applied economics, and the history of economic thought.

(https://link.springer.com/book/10.1007/978-3-031-76140-9)

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