Mathematics for Economics - 2nd Edition Review

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Mathematics for Economics - 2nd Edition ReviewSome of the previous reviewers have complained that this book is too easy while others thought it was too hard. Personally, I think the authors have struck excacly the right balance between rigor and a "cookbook" approach. Just compare it to the major competing texts. Fundamental Methods by Chiang is way too chatty and a bit out of date (I haven't seen the new edition, but I understand that not much changed). Chiang will get you through undergrad in style, but it's not the best preparation for graduate school. On the other hand, Mathematics for Economists by Simon and Blume is great for advanced undergrads and beginning grad students, but I suspect it's too difficult for beginners who don't already have some solid math preparation under their belts. Hoy et. al. falls right in between these two books. It is an introductory text to be sure, but it covers a lot of topics, some not even covered in S&B. It is challenging but not impossible for beginners and will give them a broad survey of the field. I readily admit that the style is a bit dry, although it would be hard for it not to be with so many authors. Overall, I would recommend this book highly to ambitious undergrads or even underprepared grad students (like I was once). However, if you definitely need something more challenging get Simon and Blume.
Mathematics for Economics - 2nd Edition Overview

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