Introductory Mathematical Analysis for Business, Economics, and the Life and Social Sciences, Global Edition, 14th edition

Ideal for courses covering algebra, finite mathematics, and calculus

Introductory Mathematical Analysis for Business, Economics, and the Life and Social Sciences provides a mathematical foundation for students in a variety of fields and majors. The authors establish an emphasis on algebraic calculations that sets this text apart from other introductory, applied mathematics books. Because the process of calculating variables builds skills in mathematical modeling, this emphasis paves the way for students to solve real-world problems that use calculus. The book's comprehensive structure - covering college algebra in Chapters 0 through 4, finite mathematics in Chapters 5 through 9, and calculus in Chapters 10 through 17 - offers instructors flexibility in how they use the material based on the course they're teaching, the semester they're at, or what the students' background allows and their needs dictate.

Key features

• An abundance and variety of real-world applications appear throughout the book so that students see how mathematics is applied to everyday and work-related situations. These applications cover such diverse areas as business, economics, biology, medicine, sociology, psychology, ecology, statistics, earth science, and archaeology.
• After a worked example, students are directed to an end-of-section problem (labelled with a coloured exercise number) that reinforces the ideas of the example, giving students an opportunity to practice what they have just learned.
• Cautionary warnings are presented in very much the same way an instructor would warn students of common errors. These warnings appear in the margin, along with other explanatory notes and emphases.
• More than 850 examples are worked out in detail, some including strategies that guide students through the steps of solving instead of having them simply apply a memorised model or formula. There are over 500 diagrams that illustrate and clarify concepts and over 5,000 exercises for students to practice and reinforce their understanding of the concepts; more than 30% of these have been either updated or are completely new.

New and updated features of this title

• We continue to make the elementary notions in the early chapters pave the way for their use in more advanced topics.
• Chapter 5, we explicitly discuss negative interest rates and ask, somewhat rhetorically, why banks do not use continuous compounding (given that for a long time now continuous compounding has been able to simplify calculations in practice as well as in theory).
• Most instructors and students will agree that the key to an effective textbook is in the quality and quantity of the examples and exercise sets. To that end, more than 850 examples are worked out in detail.