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Simon and Blume use shaded boxes for real economic applications. For example, Box 13.2 applies the chain rule to a macroeconomic consumption function. If you skip the boxes, you miss the point of the book. simon and blume mathematics for economists pdf
Because economic theory is about structure, not just prediction. Simon and Blume teaches you why models work, not just how to code them. Computers can take derivatives, but they cannot tell you if a saddle point represents a stable equilibrium. simon and blume mathematics for economists pdf