Business Mathematics by Example

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Free Download Business Mathematics by Example by Alexander E. Innes
English | PDF | 1977 | 183 Pages | ISBN : 0333199707 | 10.8 MB
Teachers of business studies today face the double problem of the growing importance of quantitative methods in the constituent subjects and the declining standard of numeracy of otherwise capable students in this field. Business mathematics takes selected but diverse strands of material from a wide range of topics, in traditional and modern mathematics, and I hope that the simple pattern I have attempted to weave will give a unified and useful picture of the subject for readers approaching it for the first time. So me of the techniques described will be useful to readers who enter the more specialised fields of econometrics, mathematical economics and other quantitative subjects.

As in the companion volume, Business Statistics by Example, I have taken advantage of inductive exposition, for students have been found to gain both confidence and interest by working on practical examples from the start: and facility at calculation can often lead to familiarity with theory. Indeed, a book of fewer than 30,000 words could hardly cover the essentials of several distinct mathematical disciplines on the conventional method - proof - application pattern, and to interlard working accounts with overmuch theory would delay rat her than advance the learning process. But I hope that some readers will be curious about methods they are expected to accept on trust, and for them an Appendix exposes some ofthe foundations ofthe structure they have been using. Ultimately, a knowledge oftheory will enhance practical skill, because the use and limitation of particular mathematical tools will be better understood. Induction and deduction are complementary and not confticting processes.
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