Ray Rees

.Ray Rees is Professor of Economics Emeritus at the Center for Economic Studies (CES) at the University of Munich.

  • Mathematics for Economics, Fourth Edition

    Michael Hoy, John Livernois, Chris McKenna, Ray Rees, and Thanasis Stengos

    An updated edition of a widely used textbook, offering a clear and comprehensive presentation of mathematics for undergraduate economics students.

    This text offers a clear and comprehensive presentation of the mathematics required to tackle problems in economic analyses, providing not only straightforward exposition of mathematical methods for economics students at the intermediate and advanced undergraduate levels but also a large collection of problem sets. This updated and expanded fourth edition contains numerous worked examples drawn from a range of important areas, including economic theory, environmental economics, financial economics, public economics, industrial organization, and the history of economic thought. These help students develop modeling skills by showing how the same basic mathematical methods can be applied to a variety of interesting and important issues.

    The five parts of the text cover fundamentals, calculus, linear algebra, optimization, and dynamics. The only prerequisite is high school algebra; the book presents all the mathematics needed for undergraduate economics. New to this edition are “Reader Assignments,” short questions designed to test students' understanding before they move on to the next concept. The book's website offers additional material, including more worked examples (as well as examples from the previous edition). Separate solutions manuals for students and instructors are also available.

    • Hardcover $125.00
  • Mathematics for Economics, Third Edition

    Mathematics for Economics, Third Edition

    Michael Hoy, John Livernois, Chris McKenna, Ray Rees, and Thanasis Stengos

    A new edition of a comprehensive undergraduate mathematics text for economics students.

    This text offers a comprehensive presentation of the mathematics required to tackle problems in economic analyses. To give a better understanding of the mathematical concepts, the text follows the logic of the development of mathematics rather than that of an economics course. The only prerequisite is high school algebra, but the book goes on to cover all the mathematics needed for undergraduate economics. It is also a useful reference for graduate students.

    After a review of the fundamentals of sets, numbers, and functions, the book covers limits and continuity, the calculus of functions of one variable, linear algebra, multivariate calculus, and dynamics. To develop the student's problem-solving skills, the book works through a large number of examples and economic applications. This streamlined third edition offers an array of new and updated examples. Additionally, lengthier proofs and examples are provided on the book's website. The book and the web material are cross-referenced in the text. A student solutions manual is available, and instructors can access online instructor's material that includes solutions and PowerPoint slides. Visit http://mitpress.mit.edu/math_econ3 for complete details.

    • Hardcover $110.00
    • Paperback $70.00
  • Mathematics for Economics, Second Edition

    Mathematics for Economics, Second Edition

    Michael Hoy, John Livernois, Chris McKenna, Ray Rees, and Thanasis Stengos

    This book offers a comprehensive presentation of the mathematics required to tackle problems in economic analysis. To give a better understanding of the mathematical concepts, the text follows the logic of the development of mathematics rather than that of an economics course. After a review of the fundamentals of sets, numbers, and functions, the book covers limits and continuity, the calculus of functions of one variable, linear algebra, multivariate calculus, and dynamics. To develop the student's problem-solving skills, the book works through a large number of examples and economic applications. The second edition includes simple game theory, l'Hôpital's rule, Leibniz's rule, and a more intuitive development of the Hamiltonian. An instructor's manual is available.

    • Hardcover $90.00
    • Paperback $57.00