Kurser och studieplaner / Statistik
3610-E Mathematical Economics
|Period: 3&4||20.1.2014 - 9.5.2014|
|Institution||Finansiell ekonomi och ekonomisk statistik|
The aim of the course is to provide further knowledge of mathematical analysis and methods dealing with economic applications. The course covers notions and methods such as limits, continuity, differentiation, integration, linear algebra, constrained and unconstrained optimization. The course reinforces, deepens and expands the knowledge from IMS – part 1. Problem solving is emphasized in the exercises, and the Mathematica software package is used to facilitate solutions.
After completing the course you
- understand and are able to apply fundamental notions such as limits, continuity, single and multiple variable differentiation
- can calculate integrals and can use integrals for solving economic problems
- are able to solve constrained and unconstrained optimization problems
- have a good understanding of the basics of linear algebra, for instance vectors, matrices, determinants and matrix inversion
- are able to demonstrate and communicate your mathematics skills
The course 1112 Introduction to Mathematics and Statistics
Lectures and exercises.
213 hours of study, 52 of which in class.
Sydsaeter K & Hammond P (2012): Essential Mathematics for Economic Analysis. Prentice-Hall, 4th ed. or earlier .
Sydsaeter K. et al. (2008): Further Mathematics for Economic Analysis. Prentice-Hall, 2nd edition. Selected parts as specified by the instructor.
Sydsaeter K & Hammond P (1995): Mathematics for Economic Analysis. Prentice-Hall. Selected parts as specified by the instructor.
Bedömning och examination
Assignments and final exam.