Showing posts with label econometrics. Show all posts
Showing posts with label econometrics. Show all posts

Wednesday, December 7, 2011

Schaum's Outline of Mathematical Methods for Business and Economics (Schaum's Outline Series) Review

Schaum's Outline of Mathematical Methods for Business and Economics (Schaum's Outline Series)
Average Reviews:

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This is a very accessible and informative book. I had a couple of courses in calculus back in the early '60's, but I remembered next to nothing. Furthermore, I had absolutely no recollection of partial derivatives or total differentials. For all I know, we never covered them.
Nevertheless, with the help of Dowling's text, a colleague and I were able to use partial derivatives with a large data set to demonstrate that school size and the measured achievement of schools with largely low-income students are inversely related. Furthermore, using total differentials we were able to demonstrate that the measured achievement costs of increasing school size are diminished as districts get smaller, and that the benefits of small schools for less-advantaged students are diminished as districts get larger.
This is the one time in my life that I was able simply "follow the math" to a new and interesting finding, the one that followed from the total differential. Without a text as accessible, usefully organized, and broadly informative as Dowling's, I never would have been able to pull it off. A small achievement, perhaps, but very satisfying.

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Confused by the math of business and economics? Problem solved.

Schaum's Outline of Mathematical Methods for Business and Economics reviews the mathematical tools, topics, and techniques essential for success in business and economics today. The theory and solved problem format of each chapter provides concise explanations illustrated by examples, plus numerous problems with fully worked-out solutions. And you don't have to know advanced math beyond what you learned high school. The pedagogy enables you to progress at your own pace and adapt the book to your own needs.


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Saturday, November 26, 2011

Schaum's Outline of Financial Management Review

Schaum's Outline of Financial Management
Average Reviews:

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I am an ordinary salery man and now preparing the CMA. Financial Statements are complex and not-easily-understandable ones, but should-be-understood ones for business people or to-be business people(students). This Schaum's series is a good practice book to understand the business language(Financial Statements). Schaum's series are very popular for their problem-driven method in understanding theory. The basic rule is "Good understanding means good applicable ability to our real world". Sometimes students forget this basic rule. I couldn't understand why in my school days I could't practice enough with problems like in the Schaum's. So I chose this book to prepare my CMA exam. It is a perfect practice book for your exam in Financial study and also very fast way to get a picture of the Financial statements. If you are a second tongue in English, this book is the very fast way to understand the English Financial Statements. If you are a native, you are a lucky man because you can get to the top two times faster than a foreigner by this book. Don't give up and good luck!

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Designed for both undergraduate and graduate students, this popular study guide­­25,000 copies were bought of the first edition!­­ covers everything from financial analysis and forecasting, planning and budgeting to leverage and capital structure, mergers and acquisitions and multinational business finance. This closest-thing-to-a-personal-tutor includes many problems with fully worked out solutions and a comprehensive exam. It's ideal for independent study, as preparation for CMA and CFA exams and for professional review.


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Monday, August 8, 2011

Schaum's Outline Introduction to Mathematical Economics Review

Schaum's Outline  Introduction to Mathematical Economics
Average Reviews:

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This is an excellent book for non-quant jockeys who want to brush up on their mathematical skills for upper-level or graduate-level econ courses. The best strength of the book is its organization. After a chapter on introduction and discussion of a mathematical technique or theory, a chapter on the technique's application is presented. This is an excellent way to not only reinforce the material but demonstrate its applications and relavence to economics.
However, several caveats should be noted:
First, I believe that the ideal reader should already have some exposure to calculus. For instance, Dowling discusses the fundamentals of differentiation in about 26 pages, which is far too little if one is learning calculus from scratch. If the reader already has some exposure to calculus (as I did), then Dowling's chapters on differentiation and integration could be used as review.
Second, the learning curve really steepens in the latter chapters when Dowling discusses differential equations as he appears to sacrifice detailed explanations for brevity.
Lastly, I think the reader would be best served to use this book as a resource and not just as the main text. Mathematical Economics is a very broad and challenging subject, and as good as this book is, it only scratches the surface of a complex topic. I would also recommend "Fundamental Methods of Mathematical Economics" by Alpha Chiang.
Highly recommended.

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Tough Test Questions? Missed Lectures? Not Enough Time?

Fortunately for you, there's Schaum's Outlines. More than 40 million students have trusted Schaum's to help them succeed in the classroom and on exams. Schaum's is the key to faster learning and higher grades in every subject. Each Outline presents all the essential course information in an easy-to-follow, topic-by-topic format. You also get hundreds of examples, solved problems, and practice exercises to test your skills.

This Schaum's Outline gives you

Practice problems with full explanations that reinforce knowledge
Coverage of the most up-to-date developments in your course field
In-depth review of practices and applications

Fully compatible with your classroom text, Schaum's highlights all the important facts you need to know. Use Schaum's to shorten your study time-and get your best test scores!

Schaum's Outlines-Problem Solved.


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