Professional Documents
Culture Documents
(Download pdf) Schaums Outline Of Calculus For Business Economics And Finance Fourth Edition Schaums Outlines Luis Moises Pena Levano full chapter pdf docx
(Download pdf) Schaums Outline Of Calculus For Business Economics And Finance Fourth Edition Schaums Outlines Luis Moises Pena Levano full chapter pdf docx
https://ebookmass.com/product/schaums-outline-of-mathematical-
methods-for-business-economics-and-finance-second-edition-
schaums-outlines-luis-moises-pena-levano/
https://ebookmass.com/product/schaums-outline-of-mathematics-of-
finance-second-edition-schaums-outlines-brown/
https://ebookmass.com/product/schaums-outline-of-mathematical-
methods-for-business-economics-and-finance-2nd-edition-edition-
luis-moises-pena-levano/
https://ebookmass.com/product/schaums-outline-of-calculus-7th-
edition-elliott-mendelson/
Schaum's Outline of Discrete Mathematics, Fourth
Edition Lipschutz
https://ebookmass.com/product/schaums-outline-of-discrete-
mathematics-fourth-edition-lipschutz/
https://ebookmass.com/product/calculus-for-business-economics-
and-the-social-and-life-sciences-brief-version-media-update-11th-
edition-ebook-pdf/
https://ebookmass.com/product/mathematics-for-economics-and-
business-10th-edition-ian-jacques/
https://ebookmass.com/product/economics-for-business-9th-edition-
john-sloman/
https://ebookmass.com/product/economics-for-business-3rd-edition-
andrew-gillespie/
SCHAUM’S®
outlines
Fourth Edition
ISBN: 978-1-26-426686-9
MHID: 1-26-426686-3
The material in this eBook also appears in the print version of this title: ISBN: 978-1-26-426685-2,
MHID: 1-26-426685-5.
All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trade-
marked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringe-
ment of the trademark. Where such designations appear in this book, they have been printed with initial caps.
McGraw-Hill Education eBooks are available at special quantity discounts to use as premiums and sales promotions or for use in
corporate training programs. To contact a representative, please visit the Contact Us page at www.mhprofessional.com.
TERMS OF USE
This is a copyrighted work and McGraw-Hill Education and its licensors reserve all rights in and to the work. Use of this work
is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the
work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit,
distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hill Education’s prior consent. You
may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to
use the work may be terminated if you fail to comply with these terms.
THE WORK IS PROVIDED “AS IS.” McGRAW-HILL EDUCATION AND ITS LICENSORS MAKE NO GUARANTEES
OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF OR RESULTS TO BE OBTAINED
FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA
HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUD-
ING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE. McGraw-Hill Education and its licensors do not warrant or guarantee that the functions contained in the work will
meet your requirements or that its operation will be uninterrupted or error free. Neither McGraw-Hill Education nor its licensors
shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages
resulting therefrom. McGraw-Hill Education has no responsibility for the content of any information accessed through the work.
Under no circumstances shall McGraw-Hill Education and/or its licensors be liable for any indirect, incidental, special, punitive,
consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of
the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or
cause arises in contract, tort or otherwise.
PREFACE
The mathematics needed for the study of economics and business continues to grow with each passing year,
placing ever more demands on students and faculty alike. Schaum’s Outline of Calculus for Business,
Economics, and Finance, Fourth edition introduces one new chapter on sequences and series, and two
sections on applications in Microsoft Excel.
The end of book also presents a new section of problems called Additional Practice Problems which pro-
vide a template that can be used to test students’ knowledge on each chapter, with solutions in the subsequent
pages (called ‘Solution to Practice Problems’).
The objectives of the book have not changed over the 31 years since the introduction of the first edition,
originally called Mathematics for Economists. Schaum’s Outline of Calculus for Business, Economics,
and Finance, Fourth edition is designed to present a thorough, easily understood introduction to the wide
array of mathematical topics that economists, social scientists, and business majors need to know today, such
as linear algebra, differential and integral calculus, nonlinear programming, differential and difference
equations, the calculus of variations, and optimal control theory. The book also offers a brief review of basic
algebra for those who are rusty and provides direct, frequent, and practical applications to everyday economic
problems and business situations.
The theory-and-solved-problem format of each chapter provides concise explanations illustrated
by examples, plus numerous problems with fully worked-out solutions. The topics and related problems
range in difficulty from simpler mathematical operations to sophisticated applications. No mathematical
proficiency beyond the high school level is assumed at the start. The learning-by-doing pedagogy will enable
students to progress at their own rates and adapt the book to their own needs.
Those in need of more time and help in getting started with some of the elementary topics may feel
more comfortable beginning with or working in conjunction with my Schaum’s Outline of Mathematical
Methods for Business, Economics, and Finance, Second Edition, which offers a kinder, gentler approach to the
discipline.
Schaum’s Outline of Calculus for Business, Economics, and Finance, Fourth Edition can be used
by itself or as a supplement to other texts for undergraduate and graduate students in economics, business,
and the social sciences. It is largely self-contained. Starting with a basic review of high school algebra in
Chapter 1, the book consistently explains all the concepts and techniques needed for the material in subse-
quent chapters.
Since there is no universal agreement on the order in which differential calculus and linear algebra
should be presented, the book is designed so that Chapters 10 and 11 on linear algebra can be covered imme-
diately after Chapter 2, if so desired, without loss of continuity.
This book contains over 1600 problems, all solved in considerable detail. To get the most from the book,
students should strive as soon as possible to work independently of the solutions. This can be done by solv-
ing problems on individual sheets of paper with the book closed. If difficulties arise, the solution can then be
checked in the book.
For best results, students should never be satisfied with passive knowledge-the capacity merely to fol-
low or comprehend the various steps presented in the book. Mastery of the subject and doing well on exams
requires active knowledge-the ability to solve any problem, in any order, without the aid of the book.
Experience has proven that students of very different backgrounds and abilities can be successful in
handling the subject matter presented in this text if they apply themselves and work consistently through
the problems and examples.
iii
In closing, I would like to thank my mother Betty, my father Alberto, my brother William, and
my sister Mirella, for raising me to be the man I am today. My nephew Fitzgerald, my goddaughters
Ashley, Briggitte and Valentina, and my godson Adrian, who I envision to be the future of the
upcoming generations. I am also grateful to José, Víctor, Ahmed, Edward, Irvin, Ernesto, Mario,
Daniele, Shaheer, Jared and Andrés, my 11 friends who are part of my family and have been my
support during all my career, and for their unfailing encouragement over these last 15 years.
CHAPTER 1 Review 1
1.1 Exponents. 1.2 Polynomials. 1.3 Equations: Linear and
Quadratic. 1.4 Simultaneous Equations. 1.5 Functions.
1.6 Graphs, Slopes, and Intercepts.