Economic and mathematical methods and models in economics and finance

This textbook presents a systematic presentation of the fundamental mathematical methods for modeling economic processes. This textbook covers the fundamental concepts of economic and mathematical modeling and financial calculations; the fundamentals of probabilistic methods for analyzing and modeling economic systems; modeling economic systems using Markov random processes; modeling queuing systems; statistical modeling of economic systems; methods and models of correlation and regression analysis; methods and models for forecasting time series of economic indicators; optimization methods and models in managing economic systems (linear programming); and transportation problems of linear programming. The textbook contains examples of problem solutions for all sections and includes quizzes to reinforce knowledge. This textbook is intended for undergraduate, graduate, and postgraduate students majoring in 38.03.01-Economics, as well as researchers and specialists in economics and finance.