Page 339 - DECO403_MATHEMATICS_FOR_ECONOMISTS_ENGLISH

Mathematics for Economists

Note 2. With the help of following table calculate technical multiplication

Purchase area Agriculture Industries Last Demand Total production

Production area
(1) Agriculture 500 1000 200 1700
(2) Industries 700 1500 600 2800

Answers: Self Assessment

1. Negative 2. Input 3. Positive

25.6 Further Readings

Books Mathematics for Economist – Yamane, Prentice Hall Publication.
Mathematics for Economics – Council for Economic Education.
Mathematics for Economist – Carl P Simone, Lawrence Bloom.
Mathematics for Economist – Malcom, Nicolas, U C London.
Mathematical Economy – Michael Harrison, Patrick Walderan.
Mathematics for Economics and Finance – Martin Norman.
Mathematics for Economist – Mehta and Madnani, Sultan Chand and Sons.
Mathematics for Economist – Simone and Bloom, Viva Publication.
Essential Mathematics for Economics – Nutt Sedester, Peter Hawmond, Prentice
Hall Publication.

332 LOVELY PROFESSIONAL UNIVERSITY