2024-2025 Catalog

EC-402 Mathematical Economics

This course introduces the mathematical basis of economic theory. Emphasis is placed on the mathematical tools that have been developed for various applications, with a focus on applied microeconomic analysis. The techniques of comparative-statics analysis are developed. Univariate and multivariate calculus are then presented in the context of unconstrained and constrained optimization. The course concludes by introducing the foundations of discrete-time and continuous-time dynamic optimization.

Credits

4

Prerequisite

Student has satisfied all of the following Student has completed any of the following course(s) EC 101 - Applied Microeconomics, EC 103 - Using Big Data to Solve Economic and Social Problems And Student has satisfied all of the following Student has completed any of the following course(s) MATH 134 - Calculus for Management and Social Sciences, MATH 164 - Calculus 1 Bridge With Trigonometry, MATH 165 - Calculus I