FINITE MATHEMATICS IN ECONOMICS

 INTRODUCTION Economics is, of course, a field that involves a lot of mathematics. After all, the amount of money you have is a number, and you want that number to be as big as it can get, right? There are whole fields of mathematics designed to help you do just that. One field of mathematics with a lot of business application is finite math. Finite mathematics includes things like matrix algebra, probability & statistics, and even game theory. What is game theory? It's the mathematical description of the best strategies for games or decision-making in general. TABLE OF CONTENTS BASIC MATHEMATICS OF FINANCE  (assumes basic math background, a little algebra, but try it even if you don't know algebra!) INTRODUCTION TO LINEAR ALGEBRA & MATRICES (assumes a basic knowledge of algebra, but no knowledge of matrices) OPTIMIZATION PROBLEMS (assumes that you are familiar with matrices; the first section, linear programming, assumes only algebra) GAME AND DECISION THEORY (assumes that you are familiar with linear programming, the simplex method, and matrices in general) TIME SERIES ANALYSIS (discusses ways of analyzing data to find the patterns in it)