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Lectures on the Mathematical Method in Analytical Economics (Dover Books on Mathematics)

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Book Details

  • Author: Jacob T. Schwartz

  • Brand: Dover Publications

  • Edition: Illustrated

  • Binding: Paperback

  • Pages: 304

  • Release Date: 14-11-2018

  • Language: English

About The Book

This classic volume by Jacob T. Schwartz remains a foundational text in the field of mathematical economics. Designed for graduate students, it provides a rigorous and insightful treatment of economic models using mathematical frameworks. A working knowledge of matrices, linear transformations, and elementary calculus is recommended for readers.

The book opens with a detailed exploration of the Leontief input-output model, which sets the stage for subsequent chapters. It progresses into price theory within the Leontief framework and continues with a study of business-cycle theory, influenced by the ideas of Lloyd Metzler and John Maynard Keynes.

In the final section, Schwartz presents a thoughtful critique of Léon Walras’s general equilibrium approach, comparing and synthesizing it with Keynesian economics. Originally published in 1961, this edition preserves the scholarly depth and analytical clarity that have made the book a frequently cited resource in economic theory.