MATHEMATICS IN ECONOMICS

Mukut Ahmed Choudhury


It is now generally accepted that a study of modern economics is incomplete without a knowledge of mathematics. In view of the increasing complexity and variety of problems in economic theory, a student without a fair grounding in these tools, may not be able to cope and hence, remain unfamiliar without many aspects of economic theory. Due to unfounded fear of the so called ‘difficult’ to persuade them to take special courses in mathematics. But the fact is that, learning to use mathematical techniques does not require elaborate mathematical preparation and student need not to dismayed by some mathematical manipulations.

But one learns through practice. Mathematics is the best learnt if the student handles it systematically. He is bound to find it rewarding and exciting, while following the logical arguments and steps involved.

This book titled ‘Mathematical Economics’ written by Lokesh Boro and published by Bidyabhawan, Jorhat is an introduction to the basic ideas and techniques of mathematics and is intended to prepared the students of economics, for a better understanding of current economic literature. The book has all total 31 chapters. The author tries to give a simple and clear presentation of the logic and meaning of mathematics in each chapter which will be useful to beginners. There are solved, unsolved and partly solved exercises within the every section, to make the B.A. student familiar with methods introduced.

It is hoped that the book in the present form will be more helpful to the students and teachers also in the field of economics. Further it is expected that this edition will be more usefull for the students of master degree courses in economics.


About the reviewer-author: The reviewer, Mukut Ahmed Choudhury, Assistant Professor, Department of Economics, Suren Das College, Hajo, Assam is one of multifaceted personalities. He is not only a teacher but also having capability to hold pen in the field of creative writing. He is also a singer releasing so many popular songs, already accepted by a numbers of audiences. He has already attained and presented many national and international seminars. A good number of research articles have been already published in international journals. He is associated with many scientific academic bodies.



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